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July 13th, 2010 - Heidi Rambo Centrella

OKC experiences third consecutive sales tax increase; two metro area cities show declines



Oklahoma City experiences its third consecutive increase after 14 successive drops.

sales-tax-recepits
A compilation of metro area sales tax collections by the Oklahoma Tax Commission for July is similar to last month - all but two cities saw increases in year-over-year comparisons. This month, Oklahoma City experiences its third consecutive increase after 14 successive drops.

The July distribution of collections, primarily representing local tax receipts from May business, shows increases in five of seven metro area cities when compared to the same month last year. Those cities include Oklahoma City, Edmond, Norman, Midwest City and Moore.

Chickasha experienced a 1.85 percent decline, and Guthrie experienced an 8.32 percent drop - following last month's 3.81 percent decline - when compared to the same time last year.

Oklahoma City's July distribution was $28,852,530, compared to $26,880,276 in July 2009, representing a 7.34 percent spike. In June, Oklahoma City saw a 2.88 percent increase.

Edmond experienced a 0.91 percent increase in year-over-year collections; Norman, a 1.77 percent increase; Midwest City, a 3.06 percent increase; and Moore, a 1 percent increase.

Of the above five cities showing increases in year-over-year collections, only two cities fared better than last month - Oklahoma City and Edmond.
 
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