The Oklahoma Tax Commission disbursed $109.8 million in sales tax revenue to 505 cities and towns in June, an increase of $3.4 million from June 2009. The state also distributed $23.5 million of sales tax revenues to 74 counties.
Use tax disbursements totaled $8.1 million among 369 towns and cities, and a total of $1.5 million to 71 counties.
The disbursements are from taxes collected between May 16 and June 16.
Oklahoma City received $27.6 million in sales tax revenues, up from $26.8 million in June 2009.
Tulsa’s allotment totaled $16 million, down slightly from June 2009’s $16.1 million.
Tulsa’s sales tax revenue was above the city’s expectation of $15.6 million in June, Mayor Dewey Bartlett said, but it is too early to tell if the monthly increase is a trend.
“This is the second consecutive month we have seen a slight increase in our sales tax collections in over a year, and we are still remaining cautious with our budget estimates and funds promised for restoring certain services this fiscal year,” Bartlett said.
“The last thing we want to do is to commit to spend money on certain capital and ongoing items, when we may not have the money to cover it down the road.”
The Tulsa City Council has approved a $555 million budget for fiscal 2010, which began July 1. The city adopted a $567 million budget for fiscal 2009, but several rounds of cuts were required to balance the budget due to lower-than-expected tax revenues.
