Kendal, Michael and Jenni talk about the CONFUSING part of school bonds - sinking funds, millage rates - so that you can understand how government schools purposefully keep your property tax rates high so that they can continue to bring in as much money as possible each year.
When will this stop? Can our property taxes ever go down? You might be surprised at the answer!
Find out what these things are and what is the Excise Board? How do are they involved in school bonds and property taxes? What about the County Assessor?
And don't forget, because of property taxes Oklahomans DON'T OWN THEIR OWN PROPERTY - the state does, so they can fund government schools.
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