City Of Tulsa Sees Jump In Sales Tax Revenue

Tuesday, March 8th 2011, 5:39 pm
By: News On 6

TULSA, Oklahoma -- The City of Tulsa said they collected 2.8 percent more in sales tax from mid-January to mid-February compared to the same period last year.

Mayor Dewey Bartlett said the increase shows the local economy is improving.

"It shows we are recovering from the recession at a gradual but steady pace," Bartlett said in a statement.

There were concerns the two major snow storms that hit Tulsa in February could have put a dent in sales tax revenue, but that wasn't the case.

"To still have an increase in sales tax after the blizzard at the beginning of February is very good news," Bartlett said.

Tulsa's collected $15,342,295 in sales tax revenue. For the same month last year it was $14,916,708.

The city says they continue to positive gains. The City has seen a 2.7 percent increase in sales tax since July 2010.