FINANCIAL_SERVICESPENDING

County to Use Georgia Fund 1 or Bank for FLOST Proceeds

Athens-Clarke County plans to place FLOST proceeds in either a bank account or Georgia Fund 1, the state-administered local government investment pool, to hold and invest tax revenues for later distribution. The arrangement will cover the anticipated 2027–2031 FLOST collection period and must keep funds segregated and interest-bearing.

Status
PENDING
Document date
July 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Georgia Fund 1
Agency
Clarke County · GA

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
January 1, 2027 – December 31, 2031 (anticipated FLOST collection period)
Renewal date
2031-12-31
Renewal
FLOST proceeds are expected from January 1, 2027, through December 31, 2031; investment arrangements would align with this period and end after final distribution of funds unless renewed under a future FLOST.
Document type
Resolution
Source document
Athens-Clarke County Resolution Calling for the Imposition of a Floating Local Option Sales Tax (FLOST) 2026-11-03

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Clarke County?

Georgia Fund 1 was awarded this financial services contract by Clarke County, as recorded on July 2, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Athens-Clarke County Resolution Calling for the Imposition of a Floating Local Option Sales Tax (FLOST) 2026-11-03 (Resolution), dated July 2, 2026 from Clarke County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Georgia Fund 1 hold?

Georgia Fund 1 may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Georgia Fund 1's profile

What is Clarke County currently buying?

Explore Clarke County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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