The City of Tulsa’s June sales tax check, which covers the period from mid-April to mid-May as reported by the Oklahoma Tax Commission, totaled $18,546,738 showing a 3.4 percent decrease from the same period one year ago.
This total is 5.3 percent below budget estimates made by city financial experts.
The sales tax total since July 2015 is $236.4 million compared with $234.9 million for the same period last year, showing a small increase of 0.6 percent.
“The decrease in sales tax collections for four of the past five months reflects the consequences of sales tax and challenges in the economy,” Mayor Dewey Bartlett said. “Our city is feeling the effects of the oil industry, and citizens are spending cautiously.”
Use taxes for June totaled $2,164,393, which is up 11.8 percent from the same period a year ago, and 10.4 percent above budget estimates.
Use tax collections for the fiscal year are nearly flat compared to one year ago. The use tax total since July 2015 is $24.1 million compared with $24 million for the same period last year, showing a 0.4 percent increase.
Sales tax and use tax collections provide two-thirds of the City of Tulsa’s general fund. Vital 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.