In early 2021, Fulton County initiated the effort to seek a renewal of the Transportation Special Purpose Local Option Sales Tax (T‑SPLOST). The initial T‑SPLOST referendum (which we will refer to as T‑SPLOST 1) was passed by the voters in 2016 and included several transportation projects within the City of Roswell. Learn more about T‑SPLOST 1
T‑SPLOST 1 was/is a 0.75¢ sales tax that is currently collected throughout all the cities in Fulton County (excluding Atlanta) and can only be used towards funding eligible transportation projects. Each city gets their fair share of the revenue generated, which is determined by a formula based on each city's respective population. Roswell is currently the third most populated city and therefore Roswell receives the third largest funding allotment. The 2016 sales tax is anticipated to generate between $70 to 80 million dollars for Roswell transportation projects.
Future economic conditions remain uncertain, but if approved by the voters again this November, the 2021 T‑SPLOST renewal (T‑SPLOST 2) is anticipated to generate an additional $70 to $80 million dollars over the next 5 years for Roswell projects. If the upcoming referendum fails in November, the existing 0.75¢ sales tax will expire in March 2022 and no longer be collected.