Oklahoma Cities Doing Well With Sales Tax Collections
- Sales Tax News
- Mar 26, 2012 | Susan McLain
Tulsa, Oklahoma “Mayor Dewey Bartlett said the City of Tulsa’s sales tax revenue for March 2012 is up compared to the same month last year.” Part of the increase may be due to the fact that this year’s tax rate is 3.167, versus last year’s rate of 3 percent. However, the Mayor feels “…these numbers underscore the resilience of our economy.”
Tulsa wasn’t the only one that fared a bit better in sales tax collections this month. “The city of Enid collected about $358,000 more sales tax this March than it did in March 2011.” EnidNews.com attributes the sales tax increase to the “gearing up” of oil, gas and wind energy industries in the area. The City Manager, Eric Benson believes that they are “…undergoing strong economic growth.”
In support of that, Tammy Wilson, Ward 5 Commissioner, says she doesn’t “…see how it couldn’t keep going. We have a lot of economic development. Hotels are full; that’s a good problem to have.”
Other counties showed growth for March: Alfalfa, Blaine, Grant, Kingfisher, Major, Woods and Woodward.
Oklahoma overall sales tax revenues have continued to look positive as well. Oklahoma is also one of three states that are considering restructuring their tax system to eliminate the income tax.