Tag Archives: Special Local Option Sales Tax

Packet: Proposed Annual Budget, City of Valdosta, FY 2025, for Budget Meeting 2024-05-22

In this Proposed Annual Budget for the City of Valdosta Budget Meeting Wednesday afternoon, 3-8 PM, there are two bond series, one refinancing, the other new, both for water and sewer improvements.

Apparently the city has previously financed more than $32 million in loans from the Georgia Environmental Finance Authority (GEFA), and last year floated a bond at a lower interest rate for about $22 million still to be paid.

Even more interesting, if I am reading it correctly, this budget proposes a new bond for $67 million.

Maybe the Valdosta City government is getting more serious about fixing their sewer system problems.

This is all in addition to the water and sewer improvements paid for by Special Local Option Sales Tax (SPLOST) line items, by American Rescue Plan Act (ARPA) funds, or from other revenue; see below.

Extracts, Proposed FY 2025 City of Valdosta Budget

W&S 2020 Bond Series

Purpose: Refinance GEFA notes at a lower interest rate
Maturity Date: 2033
Original Principal Amount: $32,134,000; July 1, 2023, Principal Outstanding $22,264,065
Interest Rate: 2.29%
Funding Source: Water and Sewer Revenue Fund

Pending for FY 25 – estimate
W&S 2024 Bond Series

Purpose: Upgrades Water and Sewer
Maturity Date: 2054
Original Principal Amount: $67,000,000; July 1, 2023, Principal Outstanding $67,000,000
Interest Rate: 4.5%
Funding Source: Water and Sewer Revenue Fund

See page 49, Debt Service, FY 2025, City of Valdosta. Continue reading →

Videos: LAS, TIA, Facilties, Emergency @ LCC 2022-09-27

Last month, the most time was spent on a six-minute Hurricane Ian report by EMA Director Ashley Tye, plus a minute on an added Local Emergency Declaration, at the Lowndes County Commission Regular Session of September 27, 2022.

Chairman Bill Slaughter was absent due to illness. Commissioner Scottie Orenstein presided. Commissioner Demarcus Marshall was also absent.

The most discussion on the regular agenda, at more than three minutes, was on the high-dollar item, the ongoing redo of the facilities at the county palace. Next at more than a minute was more than a minute on widening of Old Clyattville Road. The whole thing took twenty minutes.

LAS, TIA, Facilties, Emergency @ LCC 2022-09-27

Below are links to each LAKE video of each agenda item, with a few notes by Gretchen, followed by a LAKE video playlist. See also the LAKE videos of the preceding morning’s Work Session and the agenda and board packet. Continue reading →

Videos: LAS, TIA, Chiller, Ian @ LCC 2022-09-26

Update 2022-10-24: Videos: LAS, TIA, Facilties, Emergency @ LCC 2022-09-27.

A report on Hurricane Ian by EMA Director Ashley Tye (could be here by Wednesday) took eight minutes of the eighteen minutes of yesterday morning’s Lowndes County Commission Work Session.

LAS, TIA, Chiller, Ian @ LCC 2022-09-26

Nonetheless, there was a surprising amount of discussion of other items, especially on 5.c. Transportation Investment Act (TIA) Old Clyattville Road Widening and on the $1,364,736.00 5.d. Comprehensive Facilities Energy Savings Project Amendment, which everybody agreed should not have needed so much fixing so soon.

Below are links to each LAKE video of each agenda item, with a few notes, followed by a LAKE video playlist. See also agenda and board packet. Continue reading →

Packet: Sewage LAS expansion testing, Old Clyattville Road widening, Replace county palace chiller @ LCC 2022-09-26

Update 2022-09-27: Videos: LAS, TIA, Chiller, Ian @ LCC 2022-09-26.

This week the Lowndes County Commission will spend $1.4 million, mostly on fixing faulty chillers on their meeting building, but also $45,460 on the South Lowndes Land Application Site (LAS) which handles the county’s sewage.

Their Work Session is 8:30 AM this morning. They vote at their Regular Session, 5:30 PM tomorrow evening, September 27, 2022.

Cost	What
$1,364,736.00	Comprehensive Facilities Energy Savings Project Amendment Resolution
$45,460.00	South Lowndes LAS Expansion Assessment and Testing
$1,410,196.00	Total

Plus some amount of previously-authorized funds to widen Old Clyattville Road.

And there’s a beer and wine license.

Collage Lowndes County Commission Packet 2022-09-26

The board packet, received in response to a LAKE open records request, is on the LAKE website. Here is the agenda:

LOWNDES COUNTY BOARD OF COMMISSIONERS
PROPOSED AGENDA
WORK SESSION, MONDAY, SEPTEMBER 26, 2022, 8:30 a.m.
REGULAR SESSION, TUESDAY, SEPTEMBER 27, 2022, 5:30 p.m.
327 N. Ashley Street – 2nd Floor
Continue reading →

Valdosta Chamber Candidate Forum 2019-10-08

Meet the Candidates 2019, organized by the Valdosta Lowndes Chamber of Commerce: no questions from the audience, but Gretchen Quarterman videoed for LAKE the few minutes each candidate for Valdosta Mayor, City Council, or Valdosta Board of Education held forth. Plus seven minutes about SPLOST, the Special Local Option Sales Tax, the only thing voters in the unincorporated parts of Lowndes County get to vote on this election season.

Below are links to each LAKE video Gretchen took, followed by a LAKE video playlist.

Continue reading →

SPLOST deal?

All over the news today: Lowndes County Chairman Bill Slaughter on radio 105.9 this morning; Lowndes County Board of Commissioners and Valdosta City Council reach a SPLOST deal (VDT).

The Lowndes County Board of Commissioners and the City of Valdosta reached an agreement Monday on how to divide the seventh cycle of the Special Purpose Local Option Sales Tax, which both entities will push to appear for a second time on November ballots after its defeat in 2012.

Last week, the city requested that State Rep. Amy Carter withdraw the bill that would have allowed Valdosta to put a MOST or Municipal Option Sales Tax on the ballot, which would have earned a penny in sales tax for the city, who would not be required to share that money with Lowndes County or other cities.

After negotiations over the phone and via email, County Commission Chairman Bill Slaughter and Mayor John Gayle signed an official agreement for SPLOST VII Monday afternoon.

How could this be?