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A special-purpose local-option sales tax (SPLOST) is a financing method for funding capital outlay projects in the U.S. state of Georgia.It is an optional 1% sales tax levied by any county for the purpose of funding the building of parks, schools, roads, and other public facilities. [1]
There are 6 flat tax rates in Georgia: corporate profit tax, value added tax, excise tax, personal income tax, import tax and property tax. [1] Personal income tax in Georgia are collected at a flat rate of 20% on local-source income. Foreign-source personal income is tax-exempt. [2]
Cobb levies a 1% tax to lower property taxes, but only for the public school budget, and not the additional 1% HOST homestead exemption for general funds. The county has also voted not to pay the extra 1% to join MARTA. At the beginning of 2006, Cobb became the last county in the state to raise the tax to 6%, which also doubled the tax on food ...
The highlight of the package is a measure that will accelerate a reduction in state income taxes that took effect in January. Under House Bill 1015, the tax rate will fall from 5.49% to 5.39%.
The back-to-school season has changed ever since the pandemic struck, and even though much instruction will take place in-person, some districts will still offer virtual or remote learning. But ...
The legislation, which was proposed by the governor, will accelerate a state income tax reduction that took effect this year, rolling back the income tax rate from 5.49% to 5.39%.
The following is a list of school districts in Georgia; in most cases the list identifies the city or county in Georgia associated with the school district. [1] These districts are a legally separate body corporate and politic .
In 1822, the Georgia General Assembly approved the creation of a "poor school fund", and that each county should appoint its own official to "superintend the education of the poor children". [5] The advancement of public funding for education eventually stagnated, and provisions providing for local taxes to fund local schools were repealed.