Share “Edmond gets an unexpected $87,799 check”

Edmond gets an unexpected $87,799 check

An $87,799 sales tax refund check showed up in Edmond this week. The money came from the three-day, tax-free shopping event. City officials expected only one sales tax collection check for the month.
by Diana Baldwin Published: October 27, 2012
Advertisement

City officials said they were surprised to find in the mail a $87,799 sales tax check for Edmond's refund from the three-day, tax-free shopping event.

That sales tax refund is historically included in the October sales tax collection check. City Finance Director Ross VanderHamm said an apparent computer system glitch resulted in two checks for the last two weeks of August and first half of September.

“None of the cities knew it wasn't included until we received a separate check,” VanderHamm said.

Although consumers are not charged sales tax during the tax-free promotion days, cities are reimbursed sales tax money from the state.

This year's check was an increase over last year, when Edmond received $82,140.

In 2010-2011, the check totaled $85,900. Over the past five years, the largest check was in 2009-2010 when the city received $89,058.

For the first four months this fiscal year, Edmond has had good sales tax collections.

With the addition of the tax-free refund, Edmond has had a 19.3 percent increase, or $2.9 million, from the same period a year ago for the 3.25 percent sales tax rate.

Continue reading this story on the...

by Diana Baldwin
Sr. Reporter
Diana Baldwin has been an Oklahoma journalist since 1976 and came to The Oklahoman in 1991. She covered the Oklahoma City bombing and covered the downfall of Oklahoma City police forensic chemist Joyce Gilchrist misidentifying evidence. She wrote...
+ show more


None of the cities knew it wasn't included until we received a separate check.

Ross VanderHamm Edmond City Finance Director

Trending Now


AROUND THE WEB

  1. 1
    OU football: Golden Hat No. 1 in college football rivalry trophy rankings
  2. 2
    Johnny Manziel: Intoxicated fan had toyed with him
  3. 3
    Science Says Dogs Really Do Understand What People Say To Them
  4. 4
    'Shut It Down': Dozens Of Ferguson Protesters Interrupt Black Friday Shopping At Wal-Mart, Target
  5. 5
    Netflix CEO: Broadcast TV Will Be Dead By 2030
+ show more