EDMOND — 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.
VanderHamm said the opening of two grocery stores — Uptown Grocery Co. and Sunflower Farmers Market — could contribute to the upswing in sales tax collections. He said he should receive additional information later this month to make a determination.
City leaders calculated a 2 percent growth in this year's budget.
They deposited $2,343,192 of the May check into the general fund. The deposit is $172,226 more than projected in this year's budget.
Sales tax money that does not go into the general fund is divided among firefighters, the police department, parks and capital improvements as designated by voters.
Shoppers in Edmond pay an 8.25 percent sales tax on purchases; 4.5 percent goes to the state, and 3.75 percent of the money is returned to the city.