A. Tax Levied: City sales taxes, in the total amount of three percent (3%), shall be imposed and effective as indicated by ordinance, unless otherwise extended by a vote of the people. Said taxes have been approved by a majority of the qualified registered voters of the city voting on same in elections conducted in the manner prescribed by Oklahoma Statutes. (1991 Code § 7-1; amd. 2011 Code)
1. In addition to the sales tax listed in this subsection A, the following tax will also be levied:
Tax Rate | Purpose | Term Of Tax |
0.50% | Youth sports facilities | October 1, 2014 to and including September 30, 2019 |
0.50% | Constructing, improving, repairing and maintaining streets, roads, alleys, bridges and sidewalks | July 1, 2016 to June 30, 2031 |
(Ord. 2014-10, 4-8-2014, eff. 10-1-2014; amd. Ord. 2015-14, 12-8-2015, eff. 7-1-2016)
B. General Purpose Of Revenues: It is hereby declared to be the purpose of this chapter to provide revenues for the support of the functions of the municipal government of the city, and any and all revenues derived hereunder may be expended by the city council for any purpose for which funds may be lawfully expended as authorized by the stated purpose of said tax and the statutes of the state of Oklahoma. (1991 Code § 7-21; amd. 2011 Code)