According to current estimates, the cities
would receive the following sales-tax revenue
over the course of the Vision2 project:
Tulsa: $157.92 million
Bixby: $11.3 million
Broken Arrow: $44.1 million
Collinsville: $3 million
Glenpool: $5.9 million
Jenks: $9.2 million
Owasso: $14.38 million
Sand Springs: $10.1 million
Skiatook: $1.16 million
Tulsa County: $92 million
Bonding costs, interest: $12 million
VISION 2025 RECAP
Date of Vote: Sept. 9, 2003
*Ballot: Four proposals calling for a 1 penny sales tax to fund $880 million in projects.
Election Results: Each of the four proposals passed with at least 60 percent of the vote.
Voter Turnout: 128,676, or 40.7 percent of registered Tulsa County voters.
Sales Tax Collections Began:
Sales Tax Collections End:
Sales Tax Collection through July:
Cost of projects through July:
Amount Paid Through Bond Sales:
Amount Paid Directly in Sales Taxes:
Interest Paid on Bonds through June:
The overall cost of the projects increased to $575.5 million when construction costs boosted the cost of the BOK Center and the convention center by $45.5 million.
*The $350 million proposal to provide incentives to Boeing was never collected. This reduced the Vision 2025 package to $530 million and cut the sales tax to be collected to sixth-tenths of one penny.
SOURCE: Tulsa County