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Public School Finance: Prospectus Paper

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Oklahoma utility companies are currently protesting the amount of taxes that they must pay. The dispute 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 ....

Middle of essay

....ate advalorem property is assessed at 11-14 mills. The utility companies were receptive to the suggestions. They do not care if their taxes are increased as long as commercial properties are assessed at a higher level as well. Another idea proposed to the utility companies for their tax rate to decrease to 21.85 mills. This would free up around 58 million dollars immediately if the utility companies agree. The group of Oklahoma superintendents will meet with Glen Johnson ,Speaker of the Hou....
Number of words: 720 Approximate pages: 3

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