The Chairman's Brief: The Ed-SPLOST Process with Nick Parker
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In this episode of The Chairman's Brief, Mr. Scamihorn talks all things Ed-SPLOST with Nick Parker, the Executive Director of the department.
Nick has been with Cobb Schools for eight years. Before working for Cobb, Nick worked at Delta Airlines with facilities and properties for 28 years.
SPLOST is the Special-Purpose Local-Option Sales Tax of 1 penny on all purchases made in Cobb County. Nick discusses what Ed-SPLOST funds can and cannot be used for and how it differs from funding that comes from property taxes. Nick also discusses the critical difference between Ed-SPLOST and borrowing money with bonds.
Click the video below to learn much more about Ed-SPLOST and all the decision-making and predictions involved in ensuring that Cobb Schools has all the funding it needs to operate efficiently.
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