Tulsa’s sales tax revenues keep dropping.
The City of Tulsa’s November sales tax check, which covers the period from mid-September to mid-October as reported by the Oklahoma Tax Commission, totaled $18,985,816.
This total is 0.8 percent lower than for the same period one year ago, and 0.8 percent below the budget estimate.
Sales taxes collected for the current fiscal year that began in July total $97,163,135, showing a decrease of 1.2 percent compared to one year ago. Sales tax collections this fiscal year also are 1.0 percent below the budget estimate.
“Five months into the current fiscal year, we are behind last year’s sales tax collections, but only by one percent,” said Mayor Dewey Bartlett. “Use tax collections are better this month than a year ago, but they are still lower for the year to date. We need to show our support for Tulsa and shop local this holiday season.”
Use taxes for November totaled $2,130,062, which is an increase of 2.4 percent from the same period a year ago, and 7.6 percent above the budget estimate. Use taxes for the fiscal year so far total $8,984,507, which is down 8.4 percent from one year ago and 4.5 percent below the budget estimate.
Sales tax and use tax collections provide two-thirds of the City of Tulsa’s general fund. Services such as police and fire protection, 911 emergency dispatch, snow and ice removal from streets, pothole repair and mowing of grass in medians and parks are supported by sales and use taxes.