Stephens County and cities reach tentative 73.5%/26.5% split for splash revenue
After extensive negotiation over project lists and financing methods, county and city representatives agreed in principle to a 73.5% county / 26.5% cities allocation of projected SPLOST (splash) revenue, pending final confirmation of project estimates and an intergovernmental agreement.
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Stephens County commissioners and city representatives spent the evening negotiating how to divide projected SPLOST (referred to in the transcript as “splash”) revenue. After exchanging multiple counteroffers including 80/20, 77/23, 75/25 and 74/26, participants agreed in principle to split the difference and adopt 73.5% for the county and 26.5% for the cities.
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