PROPEL2040: BUILDING THE FUTURE

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Check back soon for more CIP project updates! 

ProclamationResolution of Intent

Click here to read the first announcement regarding the PROPEL 2040 Proposal, presented to Lawton City Council on April  22, 2024.

 


 Frequently Asked Questions

1. Doesn’t the City of Lawton already have a CIP in place?
2. What is the purpose of a CIP?
3. Why do we need an extension of the 2019 CIP?
4. What would be funded through an extension of the current CIP?
5. How will the extension affect taxes?
6. What projects have been funded by the 2019 CIP?
7. How does the CIP work?
8. How will the community be involved in the CIP extension process?
9. When can I go to the polls to vote on the extension?
10. Can you explain how the City of Lawton receives the CIP money? Sales tax? Is this something that citizens can see on their receipts when they visit a store in Lawton?
11. Are there any specific legal constraints or limitations on the types of projects that can be funded through bonds?
12. What are the disclosure requirements for bond issuance?
13. What happens to CIP money that is not spent?
14. How can we ensure that the money generated from the CIP is being spent on what has been proposed?
15. Does the City of Lawton have to follow requirements to obtain the money generated from the CIP?
16. Is there language in the CIP that accounts for inflation?
17. Is there a cap on how much money the City could receive from the CIP?
18. What happens if the revenue projections for paying back the bonds fall short?