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Public School Finance: Prospectus Paper
Beginning of paper
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 protested all
of the taxes that they ha .... Middle of paper
.... at 25 mills and that commercial properties be assessed at
20 mills. This would generate around $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 a ....
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Number of words: 720
Number of pages: 3 (approx. 250 words per double-spaced page)
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