Roundtable Finalizes TSPLOST List
The list includes around $984 million for transportation projects in Cobb County.
The $6,140,172,377 in projects across a 10-county metro Atlanta area will go before voters in a referendum next year along with a 10-year 1 percent sales tax to fund it.
The list includes $984,089,900 for transportation projects in Cobb County, including $689 million for “enhanced premium transit service” Acworth/Kennesaw/Town Center to the MARTA Arts Center Station in Atlanta, $291,899,900 for roadway projects and $3.19 million for improvements to McCollum Airport.
Of the revenue collected by the tax, 85 percent, or $6,140,172,377, is to be used on the regional projects identified and agreed upon by the Atlanta Regional Roundtable.
The remaining 15% of the revenue collected will be distributed by the Local Assistance Road Program formula to counties and municipalities. This amount is $1,083,559,831.
Cobb commission chairman Tim Lee said the plan for the $689 million for “enhanced premium transit service” is to use $110 million for an upgraded Acworth-Midtown bus service, the Marietta Daily Journal reports. The remaining $579 million would go toward whatever transit the county’s “Alternative Analysis” transit study due in February 2013 recommends, MDJ says.