Public School Finance: Prospectus Paper

Part I of Essay
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 uti ....

Part II of Essay
.... 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 properties be assessed at 15-19 mills. This would generate around $50 million in new revenue for Oklahoma schools. The utility companies ....