Tulsa County Schools Receive Manufacturing Tax Funds


Wednesday, June 23rd 2010, 10:51 am
By: News On 6


NewsOn6.com

TULSA, OK – Area schools are receiving funds Thursday from the first reimbursement payment from property tax exemptions of manufacturing companies, according to Tulsa County Treasurer Dennis Semler.

The State of Oklahoma provides the funds to make up for money lost to the manufacturing tax exemptions.

The first payment of the year returned to Tulsa County was $2,697,688. All of this will go to school districts as a reimbursement, and the districts will receive an electronic deposit on Thursday.

"I am pleased to send these funds back to the schools," Semler said. "These districts are making do in tough times, and I know that they can use the reimbursement funding before the end of the fiscal year."

School districts with exempt manufacturing facilities in their boundaries will receive a reimbursement check for their general, building and sinking funds.

Tulsa Public Schools Total: $1,655,665.57.
General Fund $918,964.50; Building $131,280.64; Sinking $605,420.43 

Sand Springs Public Schools Total $170,067.15
General Fund $87,949.13; Building $12,564.16; Sinking $69,554.22

Bixby Public Schools Total $246,820.98
General Fund $130,533.68; Building $18,647.66; Sinking $97,619.64

Jenks Public Schools Total $53,618.38
General Fund $26,314.00; Building $3,759.15; Sinking $23,545.23

Collinsville Public Schools Total $20,602.94
Collinsville Public Schools General Fund $11,765.72; Building $1,680.82; Sinking $7,156.40

Union Public Schools Total $124,706.75
Union Public Schools General Fund $65,611.17; Building $9,373.04; Sinking $49,722.54 

Berryhill Public Schools Total $7,680.42
General Fund $3,812.18; Building $544.61; Sinking $3,323.63

Owasso Public Schools Total $418,545.45
General Fund $213,991.83; Building $30,570.25; Sinking $173,983.37