S&P Global Ratings assigned its second-highest rating for the City of Oklahoma City’s new bonds for TIF District No. 2, keeping borrowing costs low and maximizing investment opportunities within the district.
Thanks to the tremendous input and leadership of Clay Bennett and other prominent civic leaders of the Greater Oklahoma City Chamber, city leaders from across the county and county officials, the CJAC ensures continued teamwork, while saving taxpayer dollars.
The MAPS 3 temporary penny sales tax has already topped projected collections of $777 million and is heading into the sunset at the end of the year with an overage of more than $22 million, city officials said.
Criminal justice reform efforts in Oklahoma County took a significant step forward last month with the first meeting of the new Criminal Justice Advisory Council, an interlocal government council designed to institutionalize cooperation and planning for the criminal justice system in Oklahoma County.
At our InterCity visit session with members of the criminal justice reform community in Columbus, Ohio, Oklahoma City and Columbus were called “sister cities” because of how much our journeys to criminal justice reform have in common.
Oklahoma County is in the midst of a major overhaul of its criminal justice system, a journey that came as a response to the overcrowding of the Oklahoma County jail. Franklin County, the location of Columbus, has embraced criminal justice reform for similar reasons.
The board will make recommendations for City Council approval regarding priorities, timelines and other elements of projects to be funded by the temporary penny sales tax.
The Chamber's InterCity Visit to Columbus, Ohio, highlighted the ways that Oklahoma City can learn from Columbus's model of growth and success.