SUMMARY:  This resolution proposes an amendment to the Constitution to allow use of the 1% Education Local Option Sales Tax for maintenance and operations (M&O) in local school systems.  It references the “general law,” which would be the accompanying enabling legislation, HB 346.

REQUIREMENTS:  The uses for the tax would include:

• Capital outlay projects for educational use
• Bond debt repayment
• Educational maintenance and operation
• A combination of all the above

NOTES:

• Does “maintenance and operations” include salaries and instructional expenses, or only facilities and transportation?
• Would this tax source benefit some systems with high revenue and few unmet capital outlay needs, but penalize other systems who have little retail to generate substantial revenue or those who need every penny generated for unmet capital outlay needs?