Sales tax revenues up from last year

The general fund sales tax in Oklahoma City was up 5.7 percent in July compared to last year, according to OKC’s sales tax report from the City of Oklahoma City.

Collections totaled $18.1 million for July, and sales tax revenue is the largest single source for revenue in the city, a media statement said.

For four months, revenue has shows continual strength, and those numbers include actual collections for the second half of May and the first half of June. The General Fund pays for day-to-day operations of the city.

All sources combined, the city earned $35.1 million in July, which includes General Fund, MAPS 3, Police, Zoo and Fire resources.

Sales tax revenues were strong for the fourth consecutive month. The July sales tax check includes actual collections for the second half of May and the first half of June. The General Fund pays for the day-to-day operations of the City. The OKC sales tax rate is 8.375 percent.

Read the full report here.

Jennifer Chancellor

Jennifer is editor-in-chief of Oklahoma Gazette. Her journalistic work includes news, breaking news, music, feature and news feature reporting, investigative journalism, news photography, videography, blogging, page design and marketing spanning more than two decades in Oklahoma. Twitter: @jennpc1

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