Tulsa's First Sales Tax Check In The New Fiscal Year Down Slightly

NewsOn6.com

TULSA, OK -- The Oklahoma Tax Commission has notified the City of Tulsa this month's sales tax check is almost even with what it was a year ago, but still higher than predicted.

This month's check was for $16,349,927, compared to $16,498,273 last July.  The estimate for the period was $15,607,000.

"This is the second consecutive month we have seen a slight increase in our sales tax collections in over a year, and we are still remaining cautious with our budget estimates and funds promised for restoring certain services this fiscal year," said Mayor Dewey Bartlett. "The last thing we want to do is to commit to spend money on certain capital and ongoing items, when we may not have the money to cover it down the road.

The check is for sales tax collections for mid-May to mid-June.

For the new fiscal year, a $555 million budget was approved.  This is the city's first sales tax check in the new fiscal year.

6/8/2010 Related story: Tulsa's June Sales Tax Report Shows Lower Collections