What are capital outlay projects?

Capital outlay projects are defined in State law (O.C.G.A. 48-8-110) as major projects which are of a permanent, long-lived nature, such as land and structures. They are expenditures that would be chargeable to a capital asset account and not ordinary maintenance expenses. Capital outlay projects include, but are not limited to, roads, streets, bridges, police cars, fire trucks, ambulances, garbage trucks, and other major equipment.

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1. What is the sales tax rate in Coweta County?
2. What is LOST?
3. What is SPLOST?
4. What is ESPLOST?
5. How long is SPLOST effective?
6. What are capital outlay projects?
7. When did SPLOST become effective?
8. Why is SPLOST important?
9. Who contributes to SPLOST?
10. Is SPLOST a new tax?
11. Can SPLOST funds be used to construct projects for local charities or other nonprofit organizations?
12. What is an example of a SPLOST project?
13. What will happen if SPLOST does not get renewed?
14. What is the potential impact on property taxes (millage rates) without SPLOST?