What is Owasso?
Owasso operates under a City Manager/Council governmental structure, where elected City Council Members serve as policy makers and the City Manager oversees daily operations. The city's primary revenue stream is sales tax, which supports salaries and infrastructure development. Notably, Owasso foregoes ad valorem taxes, a source historically reserved for its highly-rated school system. This focus on quality education, coupled with a strong emphasis on quality of life, community values, and local businesses, positions Owasso as a desirable place to live and invest.
How much funding has Owasso raised?
Owasso has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Owasso
PPP
Public-Private Partnership
What's next for Owasso?
The recent major strategic investment signals a new phase of development and operational enhancement for Owasso. This capital will likely be directed towards strengthening municipal services, bolstering infrastructure, and potentially expanding economic development initiatives. The city's reliance on sales tax, combined with its commitment to fiscal prudence and community well-being, suggests a strategic approach to leveraging this funding for long-term sustainability and resident benefit.
See full Owasso company page
