Tulsa Tax Revenue Up, But Still Below Estimates
The City of Tulsa's tax collections are up this month but still below estimates for the year.
The city's sales tax revenue from mid-April to Mid-May was $19.7 million, a 5.9 percent increase from last year.
"We are encouraged that sales tax collections this month are up compared to a year ago," Mayor Dewey Bartlett said in a press release.
"Careful budgeting still is needed, however, considering that we are barely above a one-percent increase from last fiscal year. We're hoping to see continued growth in our local economy."
Year-to-date tax collections are up 1.2 percent from last year, but remain 2.1 percent below the budget estimates.