Our 7th Elementary School opened for the 2001-2002 school year, located in the Coffee Creek Addition between 96th St. North and 106th St. North. Another addition is our new Owasso Market - 520,000sf at completion, which is located at 96th St. North and hwy 169. More city improvements are the Owasso Veterinary Hospital, and a QuickTrip at 76th St. North and Hwy 169. The new Cafe Santa Fe is located at 86th St. North and 129th. Screen Theater opened on 86th St. North, and a new Medical Center is underway, also to be on 86th St. North.
Sales tax is the primary source of income for the city which pays for salaries, infrastructure, etc.
Owasso has no income from ad valorem taxes and has traditionally left this source of income for the schools . The community has six elementary schools, a sixth grade center, seventh grade center, eighth grade center, Owasso Mid High for 9th and 10th grade students, and Owasso High School serving the two-county area. The school district encompasses 82 square miles of Tulsa and Rogers Counties . The district employs over 400 certified employees serving over 6300 students. Six colleges and universities less than 30 minutes away and three more within an hour's drive creates an ideal location for access to higher learning.