|Updated: 2/12/2013 4:23 pm
||Published: 2/12/2013 3:03 pm
Mayor Dewey Bartlett announced Tuesday that the City of Tulsa’s February sales tax revenue for mid-December to mid-January is down.
The totals, as reported by the Oklahoma Tax Commission, totaled $20,605,923, down about 3%, or $627,086, from the same period last year.
The sales tax disbursement is about 6% below budget estimates.
For the fiscal year to date, the city has received $154,654,370, or about 6% more than the same period a year earlier.
“A decline in monthly sales tax revenue isn’t good news, but it reinforces the need for the City to operate conservatively and continue to try and reduce costs and deliver services more efficiently,” said Mayor Dewey Bartlett. “The Management Review Office that our administration created continues to work with several City departments to find ways to reduce costs and improve customer service.”
Use tax revenues for the mid-December to mid-January period totaled $2,097,623, a decline of 11.9% from the same period last year. For the fiscal year to date, use tax collections total $14,622,576, or about 6% more than the previous year and about 3.6% above budget estimates.