Great news for education in Oklahoma.
SJR 57, which would have further limited ad valorem by putting a cap on property taxes for senior citizens, failed today in the Senate. Shortly after the first vote, the bill was brought back up on a motion to reconsider and again failed to receive enough votes.
In a time of financial crisis in our state and with no state money to replace any lost revenue, it is extremely important to preserve the ad valorem funding base as a revenue source for common education and career tech.
We will continue to watch this issue very closely.
Posted on
Thu, March 11, 2010
by ossba