Oklahoma City voters approve hike in the cityâ€™s hotel-motel tax
Wednesday, December 15th 2004, 5:08 am
By: News On 6
OKLAHOMA CITY (AP) -- Oklahoma City voters increased their hotel/motel tax by a margin of nearly ten-to-one.
According to Tuesday's unofficial returns from the Oklahoma County Election Board, 22,761 voters were for the tax hike and 2,695 were against it.
The tax will increase from 2% to 5.5%, generating an estimated $4.55-million annually. The city plans to sell bonds to pay for $55-million in improvements to the horse barns and State Fair Arena.
Oklahoma City officials say the 15 major horse shows bring in nearly $180-million a year to the city's economy.