|Updated: 6/10/2013 4:32 pm
||Published: 6/10/2013 4:14 pm
The City of Tulsa’s June sales tax revenue for mid-April to mid-May is up 2.3 percent or $18,233,667 over the amount collected for the same period in 2012.
That’s according to the Oklahoma Tax Commission. The sales tax disbursement was only .06 percent below budget estimates.
“We are glad to be going into our new fiscal year with positive sales tax figures,” Mayor Dewey Bartlett said. “We continue to deliver services to citizens, while remaining prudent in our spending and staying close to our budget estimates.”
For the fiscal year to date, the City has received $229,070,444 in sales tax or about 4.5 percent more than the same period a year earlier. That total is about 1.4 percent below budget estimates.
Use tax revenues for the mid-April to mid-May period totaled $1,723,951, which is 2.4 percent above the same period a year ago, but about 3 percent below budget estimates. For the year to date, use tax collections total $21,978,184 or about 3.5 percent above the same period last year and about 5.4 percent above budget estimates.