Shoppers have been spending in Cobb County
People are spending more money in Cobb County than expected, according to one measure.
Sales tax revenue from the penny-on-the-dollar Special Purpose Local Option Sales Tax has exceeded projections by 3.3 percent for calendar year 2011, said Cobb County Schools finance chief Mike Addison.
Kennesaw State University did a study two years ago, during the depths of the recession, that projected $10 million in receipts for Cobb schools from January through September, Addison said. The school system actually received nearly $326,000 more than that, he said.
About the Author
Ty Tagami is a staff writer for The Atlanta Journal-Constitution. Since joining the newspaper in 2002, he has written about everything from hurricanes to homelessness. He has deep experience covering local government and education, and can often be found under the Gold Dome when lawmakers meet or in a school somewhere in the state.
