A look at any concerns about the 2017 proposed Oklahoma City General Obligation Bond election tentatively scheduled for September 2017.
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A look at any concerns about the 2017 proposed Oklahoma City General Obligation Bond election tentatively scheduled for September 2017.
Council moves forward sales tax, bond proposals to June 20 vote; Proposed public vote is Sept. 12
Post Date:06/13/2017 1:08 PM
The Oklahoma City Council is scheduled to vote next week on sales tax and bond package proposals that would invest more than $1.1 billion in funding for streets, police, firefighters and other basic needs, and an annual injection of $26 million for day-to-day operations.
The proposals, which are subject to voter approval, represent an opportunity for Oklahoma City residents to build a safer and better community through critical investments in their future without raising sales tax and property tax rates.
There are three basic components: a permanent ¼ cent sales tax and temporary ¾ cent sales tax to replace the expiring MAPS 3 sales tax, and a general obligation bond package to succeed the almost-complete 2007 bond program.
The proposals were introduced May 30, and public hearings were Tuesday. The Council is scheduled to vote on the proposals June 20.
Pending approval by the Council, a vote for all Oklahoma City voters would follow on Sept. 12...
City of Oklahoma City (read more): https://www.okc.gov/Home/Components/News/News/2291/18
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