Public School Finance: Prospectus 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 had to pay. They are now protesting the percentage of
taxes that they must pay above what the commercial properties pay. The money is
currently going into escrow accounts until a decision over the taxes has been
made. According to Oklahoma Tax Commission estimates, the protests could affect
more than $63 million in funding for schools and counties across the state. The
money will not be allocated into the schools until the dispute has been settled.

A large group of Oklahoma superintendents has been meeting with the big four
utility companies (Public Service Company of Oklahoma, Oklahoma Natural Gas,......

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Title: Public School Finance: Prospectus Paper
Approximate Word Count: 719
Approximate Pages: 3 (250 words per double-spaced page)

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