1. Greater Oklahoma City

2. General Information

3. Greater Oklahoma City
• Ten county region
• Oklahoma City MSA
Population:
1,308,537
• Oklahoma City - Capital of
the State of Oklahoma
• 29th largest city in the U.S.
• Largest city in Oklahoma

4. Oklahoma City Quick Facts
•Most populous city in the State of Oklahoma
•Ranked No. 1 most affordable housing market of the 50 largest
metropolitan areas
•In land area, it is the 3rd largest in the nation
•Tinker Air Force Base is the 2nd largest military air depot in the nation.

5. Diversity
OKC U.S.
White 77.2 77.4
African 10.0 11.4
American
Asian 2.9 3.7
American 6.5 .8
Indian
Hispanic 6.0 .11
Other 3.4 4.8

6. Education in OKC
In the Greater
OKC Area
Students 216,517
Student/Teacher 17.9
Ratio
Expenditures Per $5,774
Student
Percent Non- 1.55%
English
Graduation Rate 89.2%

7. Quality of Life

8. OKC Living by the Numbers
•87.4 Cost of Living Index (13% below national average)
•20 Minutes of average commute time
•2 Points by which Oklahoma City's personal income growth
rate is outpacing the national average

9. Climate in Oklahoma City
•Average annual temperature is 60°F
•Average annual rainfall of 33.6 inches
•Snowfall averages less than 10 inch a year
•The air is clean

10. Health Care
•Level 1 Trauma Center with MediFlight
•One of the nation's leading heart transplant teams
•One of the country's most complete medical research centers
•One of the most respected eye institutes
•Quality health care at 35 hospitals

11. Housing
•No. 1 most affordable housing market
of the nation's 50 largest metropolitan areas
•Family-housing
•Condominiums
•Townhouses
• Apartments

12. Recent Accolades
„2nd fastest personal income
growth rate in the U.S. since
1983” -Bizjournals “6th most appealing city for
workers age 20-30.”
-Bizjournals
“Ranked 2nd among the nation’s
100 largest metro areas for
economic performance since
the recession” –Brooking
Institute
Sixth Most Driveable City
-America’s Most Driveable City Survey

13. Economic Information

14. Size of Economy
• The Gross Metropolitan Product of the area is
34.2 Billion
• World’s 124th largest economy
• Ahead of Costa Rica, Guatemala, Cuba,
Bulgaria and Syria (among others) and 2/3 of
all countries worldwide

15. Economic Diversity –
100 International Companies
Canada Japan Mexico Belgium
Australia
14% 12% 1% 2%
2%
Finland
United Kingdom 2%
17% France
14%
Switzerland
4%
Bermuda Ireland Germany
5% Singapore 1% 12%
Sweden 1% Netherlands
7% 6%

16. Major Area Industries
• Government
• Aerospace
• Technology / Manufacturing
• Energy
• Distribution & Logistics
• Biosciences / Biotechnology
• Health Care Services
• Shared Services / Back office

17. Cost Among Nation‟s Lowest
•Oklahoma City‟s regions cost of doing business to be
one of the lowest
•Measured the relative cost of labor, energy, taxes and
office space

18. Business Incentives

19. QUALITY JOBS PROGRAM
• New jobs to the state
• Must average county wage or $28,878 whichever is lower
• Company must achieve $2.5 million annual payroll within 3
years
• Offer Basic Health Insurance
• Cash payments of up to 5% new payroll for up to 10 years
• Targeted Industries: Manufacturing, R&D including Wind
Power Manufacturing, Corporate Services, Data Centers

20. INVESTMENT/NEW JOBS TAX CREDIT
Choice of Tax Credit based on…
Investment or New Employees
• Five year tax credit on the greater of
1% per year of investment in new
depreciable property or $500 per new
employee
• Credit doubles in Enterprise Zones
• Credit doubles if investment exceeds
$40 million
• Minimum investment of $50,000
• Qualifying manufacturers or Aircraft
Maintenance

21. QUALITY JOBS + INVESTMENT TAX CREDITS
An incentive that targets industries that have large capital
investments in addition to creating skilled jobs.
Qualifying Requirements:
• Wages must be equal to or greater than the state’s average wage – presently
$35,131.
• Capital investment greater than $40 million qualifies the investment for a 2% tax
credit per year for 5 years.
• QJP+ITC may not be combined with Small Quality Jobs or 21st Century QJP.
• Industries that may qualify for the incentive are only those industries that presently
qualify for ITC (that is manufacturing industries).
• Requires a letter of determination from the the Department of Commerce that the
project is net benefit positive for the state.
• Becomes effective January 1, 2010.

22. AD VALOREM
Property Tax Liability
Approximately 1% of the qualifying investment. Company
pays the local taxing jurisdiction which varies by location.
Example: $100 million investment is app. $1 million tax liability.
Property Tax Exemptions
Company may file for a 5-year tax exemption on qualifying assets.
Application made each year by March 15 to county assessor.
Local taxing jurisdictions are reimbursed by the State of Oklahoma.

23. PRIME CONTRACTOR
• An incentive that rewards prime contractors for performing federal contracting
work in Oklahoma and awarding subcontracting work to Oklahoma businesses.
• An incentive for allowing companies that are awarded federal contracts (prime
contractors) to be paid for jobs and payroll created at both the prime contractor
and a qualifying subcontractor.
• FEMA emergency grants are not qualifying federal contracts.
• The net benefit rate ranges from .25% to 2% and is tied to the amount of
subcontracting work performed by qualified Oklahoma companies and the total
amount of contract work performed by the prime contractor in Oklahoma.
• A federal contract verifier ensures the prime contractor is awarded a qualifying
federal contract.
• Currently, the University Multispectral Lab at OSU qualifies as a federal contract
verifier.
• Effective July 1, 2009.

24. Additional Incentives
• Sales Tax Exemption on machinery and consumables used in
the mfg. process, including energy
• Freeport Exemption on goods, wares, and merchandise which
come into Oklahoma from outside the State and leave the State
within 9 months
• 21st Century Quality Jobs provides up to 10% cash back on 10
or more jobs which pay wages of 300% of the state average or
higher

25. Oklahoma City (SIP)
Potential local Incentive
• 250 Jobs
• Average Salary of $70,000
• $40,000,000 investment
Your company could qualify for up to $1,875,000
million in local incentives. ($7,500/job)

26. MAPS

27. Metropolitan Area Projects (MAPS) 1993 - 2004
Bricktown Ballpark Bricktown Canal
Cox Convention Center

28. Trolley System
Civic Center Music Hall
State Fairgrounds
Renovations

29. Library Learning Center
Ford Center
Canadian River Project

30. MAPS for Kids & School Bond 2001 - Present
New Douglass HS
New US Grant HS
New John Marshall HS

31. • 8 projects, $777 million
•7 years, 9 months of one-cent sales tax collection
(maintains sales tax rate at current level)
•Includes $17 million of contingency
•Citizens Oversight Board

32. THE PARK
70-acre world-class park
Centerpiece of “Core to Shore” project

33. TRANSIT
5-6 miles of rail streetcar
Ability to fund potential commuter transit lines
and transit hub

34. CONVENTION CENTER
Replaces aging, inadequate facility
Required to maintain $1.8 billion visitor economy
Creates jobs and attracts visitor dollars

35. SIDEWALKS
Strategically-placed sidewalks near public facilities around
the City, like libraries and schools

36. TRAILS
57 miles of bicycle and walking trails around the City to all
but complete City’s trails master plan

37. The Oklahoma River
Establish the best rowing course in the world, and construct a world-class
whitewater kayaking facility

38. THE OKLAHOMA STATE FAIR
Continue upgrades of publicly-used buildings

39. HEALTH AND WELLNESS AQUATIC
CENTERS FOR SENIORS
Construct state-of-the-art wellness centers for seniors
around the City

40. Arts and Culture

41. Western Flavor
•Oklahoma City Stockyards
•Strong cowboy heritage
•Sit in on one of the largest cattle
auctions

42. Native American Heritage
•Rich Native American history and traditions from all the tribes.
•Hosts the Red Earth Festival,

43. Asian District
•Oklahoma City‟s Asian District is
located just north of downtown
• Filled with restaurants, shops and
cultural experiences.

44. Oklahoma City Arts
•Oklahoma City Museum of Art
•Paseo Arts Festival
•Festival of the Arts
•Arts Festival Oklahoma

45. Performing
Arts
•Civic Center Music Hall
•Oklahoma City Philharmonic Orchestra
• Ballet Oklahoma
•Canterbury Chorale Society
•BLAC, Inc.
• Lyric Theatre

46. Attractions

47. National Cowboy and Western
Heritage Museum
•Classic and contemporary western art
•Sculptures
•Great special event venue

48. OKC National Memorial Museum
•Peaceful monument
•Museum
•Outdoor memorial with its reflecting pool

49. Family Fun Activities
•Oklahoma City Zoo
•White Water Bay
•Omnidome
•Science Museum Oklahoma
•140 public parks including exercise
paths, picnic areas, swimming pools and tennis
courts.

50. Bricktown
•Restaurants
•Lounges
•Night clubs
•Upscale dining
•Cultural foods

51. Sports
•AT&T Bricktown Ball Park
•Home to the Oklahoma RedHawks
•One of the top minor league ballparks in
the country.

52. Sports
•Ford Center
•NBA's newest team, the Oklahoma City
Thunder
• Oklahoma City Barons of the AHL
•Oklahoma City Yard Dawgz Arena Football
Team.

53. Sports
•Oklahoma City‟s OKC Rocks
•Oklahoma City is rowing
• Chesapeake Boathouse on the Oklahoma River
•First-class rowing venue.

54. Urban Retreats
•The Myriad Botanical Gardens
•The Crystal Bridge Tropical Conservatory
•Martin Nature Park
•Over 50 lakes
•Private and Public Gold Couses