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
The Latest
Featured