City Manager and Council form of government with
a comprehensive city plan and zoning. Stroud has recently been
re-certified as a Certified City. Stroud's one certified
industrial park, the Stroud Midway Industrial Park is
community-owned with a total of 100 acres. Stroud is a Capital
Improvements Planning city and an Enterprise
Zone.
"American Indian Land usage for
Business"
This Oklahoma program contains incentive
packages to bring business to Oklahoma, American Indian Lands,
and assist new business development. Stroud's workforce has a strong
work ethic. Business/Industry finds a workforce that is diverse,
educated, and skilled. We offer a 2 million people workforce drawing
from our two major metropolitan areas.
Industrial
Financing
The Oklahoma Industrial
Finance Authority provides low interest financing through
the issuance of general obligation bonds. Loans are
established at 300 basis points over cost. In a first mortgage
position the loan can be up to $2 million.
Access
to financing sources also includes insurance companies,
venture capitalists, IRB's and build-to-suit
arrangements.
Public Safety
The city is
appreciative of its 19 volunteer fire personnel and 10 full-time
police officers.
The city's fire insurance has a 6
classification while the adjacent area has a 9 classification.
Tax
Structure
Fractional Assessment
| Real Property |
11.00% |
| Personal Property |
12.00% |
Property
Tax Distribution (2003)
|
City |
County |
School |
Other |
Total |
|
$0.00 |
$12.50 |
$66.96 |
$0.00 |
$89.46 |
Bond
Indebtedness (2003)
|
School |
City |
County |
|
$1,420,000 |
$0.00 |
$0.00 |
Sales
Tax Rates (2003)
|
City |
County |
State |
Total |
| 3.0% |
1.0% |
4.5% |
8.5% | State Corporate Tax
Rate: 6%.
|
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