Sales tax revenue growth continues in Oklahoma City

Collections for the city's general fund are up nearly 10 percent for December, marking 15 straight months of sales tax growth. City budget director attributes growth to low unemployment and “macro” level positives in local economy.
BY ZEKE CAMPFIELD zcampfield@opubco.com Modified: January 3, 2013 at 7:11 pm •  Published: January 3, 2013
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Oklahoma City had 18,000 more people working in November 2012 than in the previous November, he said.

“So the opening of one or two stores, while it's good for Oklahoma City, doesn't make a significant impact on our sales tax because we're so big,” he said. “It's really those macro changes in the overall economy that have the biggest impact.”

Total sales tax rate in Oklahoma City is 8.375 percent, and the city's portion is 3.875 cents. Of the city's portion, 2 cents is allocated to the general fund, 1 cent goes to MAPS 3, three-quarters of a cent is dedicated to public safety and an eighth of a penny goes to the zoo.

Shoppers in portions of Oklahoma City in Cleveland and Canadian counties pay a slightly higher rate due to taxes collected for the jails in those counties.



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