SPLOST stands for Special Purpose Local Option Sales Tax. SPLOST is an optional one percent County sales tax, which the State of Georgia allows counties to collect to fund specific improvement projects. SPLOST must be approved by voters in a general referendum in order to be enacted.
SPLOST I - In September 1996, the residents of Henry County voted to approve the first SPLOST program. Between the start of collections in January 1997 and the end of SPLOST I collections in December 2001, the county collected a total of $72,312,591. During the SPLOST I program, approximately 57 percent of the funding was dedicated to road improvements and approximately 43 percent for buildings and parks.
SPLOST II - The residents of Henry County again voted to approve a new SPLOST II program in November 2002. Collection of the one-cent sales tax started in April 2003, and ran through March 2008, with the county receiving $131,564,883 during the 60-month period. The majority of the revenue from the sales tax, 70%, was used on road and bridge improvements. Public buildings and park and recreation projects were constructed with the remaining 30% of the sales tax revenue. County staff handled management of the SPLOST II program.
SPLOST III - Thanks to an intergovernmental agreement between the County and its four municipalities, SPLOST III, which was approved in November 2007, lasted for 72 months (six years) and had no cap on revenues. The County received 75% of the tax revenue, and the four municipalities received 25% for their own projects. Collections began in April 2008 and ran through March 2014. Once again, the majority of the revenue, 70%, was used for road improvements with the remaining 30% balance going to building construction and park improvements. Total revenue collections for SPLOST III were $173,245,668.
SPLOST IV - The SPLOST IV program was approved by constituents of Henry County in Fiscal Year 2014 (November 2013). Collections began on April 1, 2014 through March 31, 2020 totaling $218,822,982, surpassing the projected revenue collections of $190,000,000. The funds are used to enhance the overall social well-being of the County through various transportation, equipment, and capital projects. Among the most notable of the capital projects include Fairview Community Park, which was renamed Village Park at North Henry, the construction of 3 new fire stations with equipment and replacement of another, E 911 radio replacement, Kelleytown Park, and a Senior/Recreation Center in District 2. Major transportation projects completed during Fiscal Year 2020 include: Campground Road at Hwy 155, Mill Road at SR81, South Cleveland Church Road, Simpson Mill Road at Hampton Locust Grove Road, and Anvil Block Road Widening. For a complete list of SPLOST IV approved projects, please see the SPLOST IV Master list.
SPLOST V - In Fiscal Year 2020 (November 2019), the citizens of Henry County passed a referendum for the next phase (V) of the Special Purpose Local Option Sales Tax (SPLOST) program. The SPLOST V program collections began on April 1, 2020 and will end March 31, 2025. The program is expected to collect over $204,000,000 in revenue. The funds will be used to enhance the overall social well-being of the County through various transportation, equipment, and capital projects. For a complete list of SPLOST V approved projects, please see the SPLOST V Master list.