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Tax & Utilities

INCOME TAX

Personal Income Tax
%
Max
Corporate Tax Rate
%
Max

PROPERTY TAX (AD VALOREM)

City

$10.02

Public Schools

$65.51

County

$23.07

Technology Schools

$18.57

TOTAL

$
Max

*Valuation is 12% of Fair Market
Value per thousand of assessed value

SALES TAX

State of Oklahoma

4.5%

City of Norman

4.0%

Cleveland County

0.25%

BUSINESS RESOURCES

Electricity
Oklahoma Gas & Electric Company
Oklahoma Electric Cooperative
Gas
Oklahoma Natural Gas
Water
Supplier:City of Norman
Source:Lake Thunderbird/Wells
System Capacity:24,350,000 GPD
Daily Production:Max: 23,094,000 GPD
Min: 6,326,000 GPD
SEWER
Sewer Treatment Authority:City of Norman
Sewage Capacity:12,000,000 GPD
City of Norman
TELECOMMUNICATIONS
AT&T and Cox Communications
Telecommunications Services Available
Digital Services Fiber Optics Point of Presence