Sales Taxes Ahead of Budget

The City of Tulsa receives higher August sales tax from the Oklahoma Tax Commission than budgeted.

The revenues are slightly ahead of budget estimates, although still 5.79 percent below revenues for the same period last year.

The City received $16,849,105 in sales taxes, compared to $17,885,254 for the same period last year. The year-to-date collections so far are $33,347,378. That is 8.3 percent below last year’s collections of $36,367, 222 for the same period. City budget planners estimated revenues of $16,750,000 for the period and $33,434,000 for the year-to-date period.

“Our work to reduce costs to meet the projected decline in revenues is on target,” said Mayor Kathy Taylor. “We are maintaining a balanced budget and continuing to do our best to deliver quality services to our citizens.”



Was this article helpful?

Related Articles

Leave A Comment?