Tulsa To Ask Voters For Public Safety District
The City of Tulsa hopes to use a new tax option to provide a more stable source of funding for public safety. After years of lobbying from Oklahoma’s municipal governments, the legislature finally gave cities the ability to ask voters for a dedicated property tax to support the cost of emergency services. Tulsa plans to put a measure on the ballot in August 2022, asking voters to convert five mills of property tax into the Public Safety District tax.
City Finance Director James Wagner said it’s possible to collect $17 million a year from the tax, without increasing tax rates, by extending the repayment terms on existing bonds. Tulsa is repaying bonds that once were held for 20 years in as few as five years now.
Tulsa
Oklahoma
United-states
City-of-tulsa
James-wagner
Vanessa-hall-harper
City-council
Public-safety-district
Finance-director-james-wagner
City-government
City-council-chair-vanessa-hall-harper
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