Agenda Item #
Columbus Consolidated Government
Council Meeting
07/23/2013
Agenda Report #
TO: Mayor and Council
SUBJECT: Agenda Report TSPLOST Discretionary Funds
INITIATED BY: David Arrington, Deputy City Manager
Recommendation: Adoption of the attached criteria for selection and
funding of projects utilizing the Transportation Special Purpose Local Option
Sales Tax (TSPLOST) - Discretionary Fund proceeds and approving the allocation
of $750,000 of Discretionary Funds already collected for the purpose of
performing critical bridge/culvert repairs.
Background: The Transportation Investment Act approved by the voters in
2012 provides for the allocation of a portion of the sales tax proceeds to be
distributed to local jurisdictions for local transportation projects. The use
of these funds is restricted to those areas outlined in Georgia Code. The
sales tax was implemented in January 2013 and the City has received $1,002,025
in discretionary funds from the State of Georgia for the period January to
May.
Analysis: At the direction of Council, staff has developed criteria for the
selection of projects to be funded by the TSPLOST Discretionary Funds.
Utilizing this criteria staff will submit to Council in the first quarter of
each calendar year a list of projects to be funded with the sales tax
proceeds. The funding of projects utilizing TSPLOST Discretionary Funds will
be on a Pay-As-You-Go basis. The criteria is being submitted to Council for
adoption by resolution. The resolution includes an allocation request for
$750,000 to fund critical bridge/culvert repairs in Fiscal Year 2014 utilizing
funds already collected under the Discretionary Fund.
Financial Considerations: Proceeds from the TSPLOST Discretionary Fund will
have a positive impact on revenue. It is anticipated the sales tax will result
in approximately $2,500,000 in revenue for Fiscal Year 2014.
Projected Annual Fiscal Impact Statement: There is no project annual fiscal
impact with the adoption of the criteria.
Legal Considerations: Expenditures of TSPLOST Discretionary Funds must be in
compliance with Georgia Code 48-8-249 (e) and 48-8-242 (10).
Recommendations/ Actions: Adopt the attached criteria for selection and funding
of projects utilizing the Transportation Special Purpose Local Option Sales Tax
(TSPLOST) - Discretionary Fund proceeds and approving the allocation of
$750,000 of Discretionary Funds already collected for the purpose of performing
critical bridge/culvert repairs.
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