Post by pavel on Mar 29, 2016 1:35:46 GMT -6
Dozens of school districts shorted by state for 22 years suing Oklahoma for back pay
OKLAHOMA CITY — Leaders of nearly 50 school districts are suing the state to recoup state aid funds that were erroneously paid to other school districts every year from 1992 through 2014.
Ponca City Superintendent David Pennington, who discovered the state’s error, has said the total impact of the calculation error could be upward of $300 million.
“We simply believe that what has happened to our children and our taxpayers is unfair and deserves to be remedied,” Pennington said Monday at an afternoon news conference. “The diversion of funds violated state law, is unfair to the children and taxpayers in the local school districts and deserves to be remedied.”
At issue is certain local property-tax revenue from commercial personal property and agricultural personal property. The percentage of a property’s market value that is taxed, called the assessment ratio, can vary from 10 percent to 15 percent from county to county.
Read more: www.tulsaworld.com/news/education/dozens-of-school-districts-shorted-by-state-for-years-suing/article_1def6db0-9071-5bfa-a855-f93c20e25bd5.html
OKLAHOMA CITY — Leaders of nearly 50 school districts are suing the state to recoup state aid funds that were erroneously paid to other school districts every year from 1992 through 2014.
Ponca City Superintendent David Pennington, who discovered the state’s error, has said the total impact of the calculation error could be upward of $300 million.
“We simply believe that what has happened to our children and our taxpayers is unfair and deserves to be remedied,” Pennington said Monday at an afternoon news conference. “The diversion of funds violated state law, is unfair to the children and taxpayers in the local school districts and deserves to be remedied.”
At issue is certain local property-tax revenue from commercial personal property and agricultural personal property. The percentage of a property’s market value that is taxed, called the assessment ratio, can vary from 10 percent to 15 percent from county to county.
Read more: www.tulsaworld.com/news/education/dozens-of-school-districts-shorted-by-state-for-years-suing/article_1def6db0-9071-5bfa-a855-f93c20e25bd5.html