July Sales Tax Collections Up 4.7 percent
The City of Tulsa's sales tax revenue for mid-May to mid-June as
reported by the Oklahoma Tax Commission is up 4.7 percent compared
to the same period last year.
Tulsa received $17,120,560, which compares to $16,349,927 for
the same period a year ago. The collections were three percent
above budget estimates for the month. Compared to July 2008,
collections from July 2011 are still down $1.3 million or 7.4
percent.
"This is a good start to the fiscal year. We continue to receive
collections above budget estimates and are running the city more
efficiently," Mayor Dewey Bartlett said. "Through the KPMG process
and from suggestions received though the citizens' survey, we are
truly making fiscally sound decisions that are positively impacting
the City of Tulsa."
