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Public School Finance: Prospectus Paper
Part 1 of Paper
....ispute came about because of the difference between what
utility companies and other commercial properties and other entities such as
railroads and airlines must pay. The utility companies originally protested all
of the taxes that they had to pay. They are now protesting the percentage of
taxes that they must pay ab.... Part 2 of Paper
.... $100 million in new revenue for Oklahoma
schools. Eugene Chitwood, Okemah County Assessor, suggested that public service
companies be assessed at 23 mills and that commercial properties be assessed at
15-19 mills. This would generate around $50 million in new revenue for Oklahoma
schools. The utility companies are currently paying 22.85 mills and commercial
properties are paying 11 mills. Private advalorem property is assessed at 11-14
mills. The utility companies were receptive to the sugg.... |
| Number of words: 720 - Approximate pages: 3 |
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