Tulsa’s monthly sales tax/use tax revenues fall again

The City of Tulsa’s September sales tax check continues to show a decline with a 1.6 percent drop from the previous year.

That, period from mid-July to mid-August as reported by the Oklahoma Tax Commission, totaled $19,480,156. This total showed a 0.6 percent increase over the budget estimate.

Sales taxes collected for the current fiscal year that began in July total $58,563,636, showing a decrease of 1.4 percent compared to one year ago. Sales tax collections this fiscal year also are 0.6 percent below budget estimates.

Use taxes for September totaled $1,439,038, which is down 27.2 percent from the same period a year ago, and 23.4 percent below budget estimates. Use taxes for the fiscal year so far total $5,063,247, which is down 15.9 percent from one year ago and 9.8 percent below budget estimates.

Use tax collections show a larger-than-usual decline because there was a significant use tax refund made to a company that paid taxes to the City of Tulsa for a pipeline that was never laid within Tulsa city limits. Most of the pipeline was laid in unincorporated areas of the state. The company applied for a refund, and the Oklahoma Tax Commission approved the refund after a lengthy review of invoices.

Sales tax and use tax collections provide two-thirds of the City of Tulsa’s general fund.