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OKC sales tax collections jump

by William Crum Published: April 16, 2014
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Oklahoma City’s latest sales tax collections report shows a sharp increase over the same month a year ago.

The 11 percent increase is far and away above the 3.8 percent growth target — but includes a large, one-time payment from a single retailer as a result of an audit.

Without that payment, the sales tax report still would have shown 5.5 percent to 6 percent growth, said Doug Dowler, the budget director.

That’s a marked improvement over most monthly reports since the budget year began last July 1.

The March report had shown a 1.4 percent decrease over the same month a year earlier.

With the latest report, year-to-date collections are 1.9 percent ahead of fiscal 2013.

Sales tax is the single biggest contributor to Oklahoma City’s annual budget and is key to the general fund, which finances most basic services.

Oklahoma City’s April check was for $34,094,254.92.

by William Crum
Reporter
OU and Norman High School graduate, formerly worked as a reporter and editor for the Associated Press, the Star Tribune in Minneapolis, and the Norman Transcript. Married, two children, lives in Norman.
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