Edmond sales tax exceeds budget expectations by more than $1 million so far

Sales tax collections continue to rise in Edmond. Sales tax collections checks for the first 11 months of this fiscal year have been nearly $1.1 million more than city leaders budgeted.
by Diana Baldwin Published: May 9, 2012

Edmond's sales tax collections checks for the first 11 months of the fiscal year have been nearly $1.1 million more than city leaders budgeted.

The city received a $3,807,687 check this month from the Oklahoma Tax Commission, representing collections for the last two weeks of March and the first half of April.

That is $108,584 more than budgeted for the month.

Also, the city received $292,899 for the first two weeks of collection of the half-cent sales tax that went into effect April 1. Voters passed the additional sales tax to build a $25.5 million public safety center. The extra tax will last five years.

City Finance Director Ross VanderHamm said he is keeping the public safety center tax separate so he can compare “apples to apples.”

“We have seen a 6.36 percent growth this year,” VanderHamm said. “That is a healthy increase.”

Sales tax collections are back to the level seen in 2008 and 2009.

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...
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