Vision 2025

Last updated

Vision 2025 was a series of four propositions to increase Tulsa County's sales tax rate by $0.01 in order to fund capital improvements and provide economic development incentives.

Contents

Two prior proposals, in 1997 and 2000, were rejected by Tulsa County voters. However, all four components of Vision 2025 were approved by voters in a September 9, 2003 election. [1]

Proposition 1 was never implemented; as such, the overall sales tax increase was only $0.006.

Proposition 1

The goal of Proposition 1 was to attract the assembly plant for the Boeing 787 to Tulsa. Proposition 1 would have offered up to $350 million in incentives, and would have raised sales taxes by $0.004.

However, in December 2003 Boeing chose Everett, Washington as the site for Boeing 787 assembly. Therefore, this part of the sales tax increase never went into effect.

Proposition 2

The goal of Proposition 2 was to convince American Airlines (Tulsa's largest employer) to keep its flagship maintenance facility in Tulsa (during a rough period in the airline industry AA was considering closing one of its three maintenance facilities: Fort Worth, Kansas City, and Tulsa). Proposition 2 offered $22.3 Million in incentives and resulted in a $0.00025 sales tax increase.

AA later decided to close its Kansas City facility, keeping the Tulsa facility open.

Proposition 3

The largest of the four Propositions (at $350.3 Million), Proposition 3 included enhancements to various educational institutions in the Tulsa area (OU-Tulsa, OSU-Tulsa, Langston-Tulsa, NSU-Broken Arrow, and Tulsa Community College). Proposition 3 also provided funds for elementary and secondary education for the various Tulsa County school districts.

In addition to educational funding, Proposition 3 also provided funding for a new Morton Health Clinic, renovation of the Tulsa Convention Center, and construction of the BOK Center.

The passage of Proposition 3 resulted in a $0.004 increase in the sales tax.

Proposition 4

Proposition 4 allocated $157.4 Million for various county infrastructure projects (parks, area attractions, river improvements, community centers, and improved county roads). Passage resulted in a $0.00175 increase in the sales tax.

2016 Extension

The 2003 version of Vision 2025 raised $662 million through December 2015, and expired December 31, 2016. An election was scheduled for April 5, 2016 to extend the sales tax rate, promising not to exceed the then-current rate of 8.517 percent. [2]

There are three major components to the proposed extension:

The Tulsa City Council reported that voters approved all three components of the Vision Tulsa extension on April 5, 2016. [3]

Related Research Articles

<span class="mw-page-title-main">Tulsa International Airport</span> Airport in Oklahoma, U.S.

Tulsa International Airport is a civil-military airport five miles (8 km) northeast of Downtown Tulsa, in Tulsa County, Oklahoma, United States. It was named Tulsa Municipal Airport when the city acquired it in 1929; it received its present name in 1963. While Tulsa International Airport only serves domestic destinations, it is still an international airport since it has customs and border patrol facilities.

<span class="mw-page-title-main">Boeing 787 Dreamliner</span> Boeing wide-body jet airliner introduced in 2011

The Boeing 787 Dreamliner is an American wide-body airliner developed and manufactured by Boeing Commercial Airplanes. After dropping its unconventional Sonic Cruiser project, Boeing announced the conventional 7E7 on January 29, 2003, which focused largely on efficiency. The program was launched on April 26, 2004, with an order for 50 aircraft from All Nippon Airways (ANA), targeting a 2008 introduction. On July 8, 2007, a prototype 787 without major operating systems was rolled out; subsequently the aircraft experienced multiple delays, until its maiden flight on December 15, 2009. Type certification was received in August 2011, and the first 787-8 was delivered in September 2011 before entering commercial service on October 26, 2011, with ANA.

<span class="mw-page-title-main">1978 California Proposition 13</span> Ballot initiative which capped property tax at 1% and yearly increases at 2%

Proposition 13 is an amendment of the Constitution of California enacted during 1978, by means of the initiative process. The initiative was approved by California voters on June 6, 1978 by a nearly two to one margin. It was upheld as constitutional by the United States Supreme Court in the case of Nordlinger v. Hahn, 505 U.S. 1 (1992). Proposition 13 is embodied in Article XIII A of the Constitution of the State of California.

<span class="mw-page-title-main">Ethiopian Airlines</span> Flag carrier of Ethiopia

Ethiopian Airlines, formerly Ethiopian Air Lines (EAL), is the flag carrier of Ethiopia, and is wholly owned by the country's government. EAL was founded on 21 December 1945 and commenced operations on 8 April 1946, expanding to international flights in 1951. The firm became a share company in 1965 and changed its name from Ethiopian Air Lines to Ethiopian Airlines.

<span class="mw-page-title-main">Cox Business Convention Center</span> Convention center in Tulsa, Oklahoma, US

The Cox Business Convention Center is a 275,000 square foot convention center located in downtown Tulsa, Oklahoma.

<span class="mw-page-title-main">BOK Center</span> Multi-purpose arena in Tulsa, Oklahoma

The BOK Center, or Bank of Oklahoma Center, is a 19,199-seat multi-purpose arena and a primary indoor sports and event venue in Tulsa, Oklahoma, United States. Designed to accommodate arena football, hockey, basketball, concerts, and similar events, the facility was built at a cost of $178 million in public funds and $18 million in privately funded upgrades. Ground was broken on August 31, 2005, and a ribbon-cutting ceremony took place on August 30, 2008.

<span class="mw-page-title-main">Economy of Colorado</span>

In 2021, the economy of the State of Colorado was 16th largest in the United States with a gross state product of $421 billion.Colorado's per capita personal income in 2019 was $61,157, putting Colorado 12th in the nation.

<span class="mw-page-title-main">Tulsa Riverside Airport</span> Airport

Tulsa Riverside Airport is a city-owned, public-use airport located five nautical miles south of the central business district of Tulsa, a city in Tulsa County, Oklahoma, United States. The facility was known as Richard Lloyd Jones Jr. Airport for several decades but was formally renamed in January 2022 to reduce confusion with another airport in Oklahoma. In the National Plan of Integrated Airport Systems for 2021-2025, Riverside is classed as a national-level nonprimary airport, and a reliever airport for Tulsa International. National nonprimary airports are those that serve primarily general aviation (GA) users in metropolitan areas near major business centers, and have high traffic including many jets and multi-engine aircraft.

<span class="mw-page-title-main">Gilcrease Museum</span> Art Museum in Tulsa, Oklahoma

Gilcrease Museum, also known as the Thomas Gilcrease Institute of American History and Art, is a museum northwest of downtown Tulsa, Oklahoma housing the world's largest, most comprehensive collection of art of the American West, as well as a growing collection of art and artifacts from Central and South America. The museum is named for Thomas Gilcrease, an oil man and avid art collector, who began the collection. He deeded the collection, as well as the building and property, to the City of Tulsa in 1958. Since July 1, 2008, Gilcrease Museum has been managed by a public-private partnership of the City of Tulsa and the University of Tulsa. The Helmerich Center for American Research at Gilcrease Museum was added in 2014 at a cost of $14 million to provide a secure archival area where researchers can access any of the more than 100,000 books, documents, maps and unpublished materials that have been acquired by the museum.

<span class="mw-page-title-main">Future of Flight Aviation Center & Boeing Tour</span> Aviation museum in Mukilteo, Washington

The Future of Flight Aviation Center, officially known as Boeing Future of Flight, is an aviation museum and education center located at the northwest corner of Paine Field in Mukilteo, Washington. It is the starting point for the Boeing Tour, a guided tour of a portion of the nearby Boeing Everett Factory in Everett, Washington. The 73,000-square-foot (6,800 m2) facility, owned by Snohomish County via Paine Field and operated by Boeing, opened in 2005 at a cost of $24 million; it is funded by a sales and use tax from the county via its public facilities district. The museum includes a 28,000-square-foot (2,600 m2) gallery containing static and interactive exhibits and displays as well as a 240-seat theater, café and shops.

<span class="mw-page-title-main">Competition between Airbus and Boeing</span> Rivalry between the two biggest aircraft manufacturers

The competition between Airbus and Boeing has been characterized as a duopoly in the large jet airliner market since the 1990s.

<span class="mw-page-title-main">Pierce Transit</span> Local public transit operator in Pierce County, Washington, including the city of Tacoma

Pierce Transit, officially the Pierce County Public Transportation Benefit Area Corporation, is an operator of public transit in Pierce County, Washington. It operates a variety of services, including fixed-route buses, dial-a-ride transportation, vanpool and ride-matching for carpools. The agency's service area covers the urbanized portions of Pierce County, part of the Seattle metropolitan area, and includes the city of Tacoma. In 2023, the system had a ridership of 7,021,900, or about 23,100 per weekday as of the fourth quarter of 2023.

Measure R was a ballot measure during the November 2008 elections in Los Angeles County, California, that proposed a half-cent sales taxes increase on each dollar of taxable sales for thirty years in order to pay for transportation projects and improvements. The measure was approved by voters with 67.22% of the vote, just over the two-thirds majority required by the state of California to raise local taxes. The project was touted as a way to "improve the environment by getting more Angelenos out of their cars and into the region's growing subway, light rail, and bus services." It will result in the construction or expansion of a dozen rail lines in the county.

<span class="mw-page-title-main">Boeing South Carolina</span> Airplane assembly facility in North Charleston, South Carolina

Boeing South Carolina is an airplane assembly facility built by Boeing in North Charleston, South Carolina, United States. Located on the grounds of the joint-use Charleston Air Force Base and Charleston International Airport, the site is the final assembly and delivery point for the Boeing 787 Dreamliner. Boeing opened the site in July 2011, after purchasing the facilities of suppliers Vought and Global Aeronautica in 2008 and 2009. The final assembly building covers 1,200,000 square feet (110,000 m2) and opened on November 12, 2011. As of September 28, 2017, the site employs 6,943 workers and contractors.

<span class="mw-page-title-main">Taxation in California</span> Overview of taxation in the U.S. state of California

Taxes in California are collected by state and local governments through a number of tax categories.

<span class="mw-page-title-main">November 2011 San Francisco general election</span>

The November 2011 San Francisco general elections were held on November 8, 2011, in San Francisco, California. The elections included those for San Francisco mayor, district attorney, and sheriff, and eight ballot measures.

<span class="mw-page-title-main">2012 California Proposition 30</span> California ballot measure regarding taxes

Proposition 30, officially titled Temporary Taxes to Fund Education, is a California ballot measure that was decided by California voters at the statewide election on November 6, 2012. The initiative is a measure to increase taxes to prevent US$6 billion cuts to the education budget for California state schools. The measure was approved by California voters by a margin of 55 to 45 percent.

<span class="mw-page-title-main">2020 California Proposition 15</span> 2020 California ballot measure

California Proposition 15 was a failed citizen-initiated proposition on the November 3, 2020, ballot. It would have provided $6.5 billion to $11.5 billion in new funding for public schools, community colleges, and local government services by creating a "split roll" system that increased taxes on large commercial properties by assessing them at market value, without changing property taxes for small business owners or residential properties for homeowners or renters. The measure failed by a small margin of about four percentage points.

<span class="mw-page-title-main">2020 California Proposition 19</span> Successful property tax ballot initiative

California Proposition 19 (2020), also referred to as Assembly Constitutional Amendment No. 11, is an amendment of the Constitution of California that was narrowly approved by voters in the general election on November 3, 2020, with just over 51% of the vote. The legislation increases the property tax burden on owners of inherited property to provide expanded property tax benefits to homeowners ages 55 years and older, disabled homeowners, and victims of natural disasters, and fund wildfire response. According to the California Legislative Analyst, Proposition 19 is a large net tax increase "of hundreds of millions of dollars per year."

<span class="mw-page-title-main">2022 California Proposition 30</span> 2022 California ballot proposition

Proposition 30 is a California ballot proposition that appeared in the general election on November 8, 2022. The measure was defeated. The initiative would have raised taxes on the wealthy to fund wildfire management and electric vehicle incentives and infrastructure.

References