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 ....
Middle of paper
.... Bell) to try to reach a compromise.
The most recent meeting occurred on Monday, November 28, 1994. At that meeting
Marvin Stokes, Superintendent of Byng Schools, proposed that the utility
companies be assessed 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 properti ....
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Word count: 720
Page count: 3 (approximately 250 words per page)
