Local

City voters say 'yes' to 'Improve Our Tulsa' renewal

TULSA — Voters who braved the cold for an off-year bond election overwhelmingly passed three propositions extending the Improve Our Tulsa package Tuesday.

The three bonds approved include one which addresses streets and transportation systems, a second which will fund improvements to parks and replace old city vehicles, and a third which directs new money into the city's “rainy day” fund.

The list of projects is extensive; about 70% of the money, however, is earmarked for roads and transportation, a priority clearly established by voters during a series of town hall meetings held by the mayor and city council before - and after - they drafted the proposal.

The majority of the funds will come from bond sales, funded by property taxes; the rest from the extension of existing sales taxes.

The city's sales tax rate will remain the same, however the .05 cent (one-twentieth of a penny) sales tax which will fund the “rainy day” account becomes permanent.

The Improve Our Tulsa package has a timetable of about six and a half years, at a cost of an estimated $639 million.

Listen

news

weather

traffic

mobile apps

Everything you love about krmg.com and more! Tap on any of the buttons below to download our app.

amazon alexa

Enable our Skill today to listen live at home on your Alexa Devices!