City Manager Andrea Arnold said the city has already borrowed money to finance the project and there are no plans of even a temporary suspension. Total cost is $2.3 million with the city borrowing through the Georgia Municipal Association’s direct financing program, to be repaid over 10 years.
The costs for City Schools of Decatur, 28 percent of that total, or about $658,000, is funded through the Special Purpose Local Option Sales Tax (SPLOST). During a school board work session last week Superintendent David Dude stated his belief that of all CSD revenues SPLOST could take the biggest hit during the pandemic and subsequent economic downturn. He said that preliminary figures indicate SPLOST funds will be roughly 50 percent lower over the next six months, and 25 percent lower in the six months after that.