Quote:
Originally Posted by OKCGUY3
You say that $309 million dollars was collected in the 66 months of the one cent sales tax? That is roughly $46.8 million dollars a year in tax collection! And this was during a good econemy? The MAPS# players are claiming that our new projects will be paid for with a 7 year tax that will collect approx. $100 million dollars a year In a bad econemy! I think someone is optemistic!
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Understand your concerns as I had many of the same thoughts but have done the math and the City's numbers on revenue seem solid. Even in the down economy.
A more detailed response is in the Retraction thread found here:
http://www.okctalk.com/okc-metro-are...-concerns.html
Now back to topic...
