Who oversees the implementation of MAPS 3?
When a MAPS 3 sales tax ends, does that mean the construction ends?No. MAPS projects are built debt-free (as opposed to a bond issue project), and it takes time for the money to be collected and spent efficiently. For example, the MAPS for Kids sales tax was passed in 2001, took effect in 2002, and ended in 2008. But because of the time it takes to plan and build school buildings, completion of all the projects won’t occur until 2012. The completion of the original MAPS projects also took several more years after the last tax funds were collected. Every MAPS initiative has essentially been a 10-12 year process from the vote to the completion of the last project. The MAPS 3 conversation began Jan. 17, 2007, and the successful vote was held Dec. 8, 2009.The last MAPS 3 project may not be finished until 2022.
What is sales tax?
You pay sales tax on retail purchases in Oklahoma City. The tax is calculated based on the sales price. The MAPS model has been to add one cent on every dollar to the sales tax already collected.
In most of Oklahoma City, the sales tax rate is 8.625 percent. For every dollar spent, the charge is an additional 8.625 cents.
Of the the 8.625 cents in sales tax per dollar spent, 4.5 cents goes to the State of Oklahoma general fund. That is spent by the state Legislature. The other 4.125 cents goes to the City of Oklahoma City. Of that, 2.25 cents goes to the City's General Fund (day-to-day operations, most of which is public safety), an additional 0.75 cents for public safety, 0.125 cents to the Zoo, and the last penny for a temporary sales tax. From April 1, 2010, to Dec. 31, 2017, that temporary sales tax was dedicated to MAPS 3. From Jan. 1, 2018, to March 31, 2020, it's dedicated to Better Streets, Safer City.
The portions of Oklahoma City that are in Cleveland County, Canadian County or Pottawatomie County are also subject to an additional county sales tax. Oklahoma County does not have a county sales tax.
How long will the MAPS 3 sales tax last?It began April 1, 2010 and ended Dec. 31, 2017.