EDMOND — Edmond's seventh monthly sales tax check was lower than the past several months, but still 4.4 percent higher than a year ago.
December's sales tax collection check hit a high of 31 percent over what was received 12 months ago.
The January check is for the last two weeks of November and the first half of December.
This year's budget projection was for 3 percent growth. The fiscal year began in July.
“It was down quite a bit from what we've been experiencing the past six months — but still 4.4 percent growth from last year, said Ross VanderHamm, city finance director and city clerk. “That is 17.66 percent (growth) in the last seven months.”
City officials attributed the sales tax increase in the last four monthly checks from the purchase of materials for roof repairs from a summer hailstorm. They think the repairs are slowing down.
So far, Edmond has collected $35,427,267 in sales tax revenue, up more than $9,333,002 compared to a year ago.
Part of the increase is due to the half cent sales tax that was approved to build the new public safety center. For December, the city received $621,213 from the tax. For this fiscal year, $4,728,095 has been collected to build the new center.
Shoppers in Edmond pay an 8.25 percent sales tax on purchases; 4.5 percent goes to the state and 3.75 percent is returned the city.
Of the city's portion, 2 percent goes to the general fund and a half cent goes to construct the public safety center. The remaining city sales tax money that does not go into the general fund is divided among firefighters, the police department and capital improvements as designated by voters.
Edmond in its January check received $2,482,547 from the 2 percent designated for the general fund. That was $104,572 or 4.4 percent above the anticipated monthly amount.