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SPLOST 5 - 2008 to 2014
 SPLOST 5
What’s in the current SPLOST plan?
SPLOST 5 was approved by voters in 2006 for a tax collection period from 2008-2014. The estimate at the time was the City of Savannah would receive $160 million. The City proposed spending the money in 18 categories, including $70 million to help pay for a new arena. While $70 million was roughly half of the total amount needed for this facility, it was enough to begin property acquisition, planning and design. The remainder would come from future SPLOST or other funding sources.

What happened to that plan?
When the recession hit a few years later, it became clear that Chatham County would receive significantly less revenue than estimated. In 2010, City Council reduced its SPLOST 5 plan from $160 million in projects to $122 million to accommodate. There were no easy decisions. Council decided it was more important to complete critical infrastructure and public safety projects than maintain the $70 million arena funding, which was still well short of the amount needed for construction.

SPLOST 5
Below are details of the City’s SPLOST 5 plan, and the adjustments made in 2010:

Project Original Funding
Increase
(Decrease)

Revised Plan
 Children’s Museum at Battlefield Park  $    6,500,000  --  $     6,500,000
 Daffin Park Renovations  $    1,000,000  --  $     1,000,000
 Corridor Signal Upgrades  $    1,000,000  --  $     1,000,000
 Police Mobile Technology Infrastructure  $    1,500,000  --  $     1,500,000
 Public Safety Administrative/Training Complex  $  13,000,000  (1,250,000)  $   11,750,000
 Police Precincts  $    7,350,000  1,250,000  $     8,600,000
 Corridor Construction  $    9,500,000  (9,500,000)  --
 Arena    $  70,000,000  (48,202,000)    $   21,798,000
 Grayson Stadium  $    5,000,000  (2,000,000)  $     3,000,000
 Street Lighting Upgrade  $    2,500,000  (1,500,000)  $     1,000,000
 Fellwood Homes Site Infrastructure    $    4,500,000  (600,000)  $     3,900,000
 Youth Activity Area Water Park  $    2,000,000  (2,000,000)   --
 Drainage  $  11,000,000  6,300,000  $   17,300,000
 Savannah Gardens  $    6,000,000  4,960,000  $   10,960,000
 Cultural Arts Center  $  13,400,000  4,000,000  $   17,400,000
 Priority Corridors  $    3,000,000  2,700,000  $     5,700,000
 Fire Station/Training Facility  $    1,750,000  2,750,000  $     4,500,000
 Recreation Facilities  $    1,000,000  5,092,000  $     6,092,000
 TOTALS  $ 160,000,000  $ (38,000,000)  $ 122,000,000