The Norman Transcript

Government

January 12, 2013

Sales tax dips in January

NORMAN — Norman’s tax receipts were down a disappointing 8.5 percent from collections for the same month last year, but the real sales tax picture isn’t as bleak as that increase might indicate.

“We had a bit of an unusual circumstance where a couple of major retailers reported late, so revenue from those retailers is  not reflected in the report that we received in January.  We expect that it will be caught up in the report that we receive in February,” Norman Finance Director Anthony Francisco said.

The deposit letter from the Oklahoma Tax Commission for Jan. 8 announcing deposits for Jan. 9 were received in city offices statewide this week.

Those reports are also available online for public view at the OTC website. The deposits usually represent collections from two months previous so the Jan. 9 deposit will represent collections primarily from November.

So far this fiscal year, Norman is running slightly under budget projections for sale tax revenue.

“For total general fund revenues, we’re right on budget,” Francisco said. “The motor fuel and cigarette taxes for the state are up a bit, the licenses and permits are up a bit.”

Those increases in other revenue streams are keeping the city on track.

The city received $4,773,046 in total sales tax, but $681,863 of that money is diverted into the Public Safety Sales Tax fund. The PSST money was a voter approved increase in sales tax collections in order to increase fire and police protection in Norman.

Norman’s use tax collections were $162,850 with $23,055 of that going to the PSST fund.

Moore’s tax collections were $2,267,072 this month, up about 3 percent from last year. The Use tax deposit is $78,392.

Other area tax collections include Hall Park $3,049; Lexington $31,363; Noble $111,278 and Slaughterville $12,436.

State Treasurer Ken Miller reported earlier this month that 2012 gross revenue for the state totaled $11.087 billion — 3.8 percent higher than collections in 2011. Of those revenues, Miller said sales taxes generated $4.175 billion, an increase of 8.7 percent from the prior 12-months.

Text Only | Photo Reprints
Government
  • Breast Care Center will relocate to HealthPlex

    The Norman Regional Health System will move its Breast Care Center to the HealthPlex campus, making it more accessible for patients, hospital officials said Monday. At its monthly board meeting, the Norman Regional Hospital Authority ...

    July 29, 2014

  • Officials say transparency lacking in Wal-Mart zoning

    Norman city staff recently admitted to withholding information from the public regarding a controversial zoning change in southeast Norman. If approved by the city council, the proposal will allow a Wal-Mart supercenter at Cedar Lane and ...

    July 25, 2014

  • Fracking Operation Norman library to host community dialogue about fracking

    Are Oklahoma oil companies an oligarchy that is controlling state policy? Is fracking safe? These and other topics will be the subject of an upcoming Fracking Forum from 7 to 8:30 p.m. Aug. 11 in the Norman Public Library’s Lowry Room, 225 ...

    July 24, 2014 1 Photo

  • City manager calls Moore strong while addressing Chamber

    MOORE — Moore’s City Manager Steve Eddy could have quoted Dickens: “It was the best of times, it was the worst of times.” Eddy, with help from Mayor Glenn Lewis, reported on Tuesday on the State of the City to the Moore Chamber of ...

    July 23, 2014

  • walmart City leaders say ‘yes’ to Wal-Mart supercenter postponement

    Despite complaints that a postponement request was in the eleventh hour, a zoning change in east Norman was put on hold Tuesday night. The proposal to rezone property at Cedar Lane Road between 24th Avenue Southeast and Highway 77 ...

    July 23, 2014 1 Photo

  • Moore City Council paves way for Sam’s Club location

    MOORE — The Moore City Council approved a $5 million bond Tuesday to be repaid with sales tax and utility revenues. “A good amount of street improvements needs to be done,” Moore City Manager Steve Eddy said. “This will be paid for with ...

    July 22, 2014

  • Another brick in the Wal-Mart

    Norman could soon have five Wal-Mart stores, including three supercenters and two neighborhood markets. A proposal for the newest supercenter will come before the Norman City Council at 6:30 p.m. Tuesday via a request for a zoning change on ...

    July 20, 2014

  • Local group celebrates ruling

    A local group, Mothers of Many, expressed its elation with Friday’s 10th Circuit Court ruling striking down Oklahoma’s state ban on same-sex marriage....

    July 20, 2014

  • Leftover loss still hurting

    OKLAHOMA CITY — Cities, counties and school districts remain frozen out of a federal program that has sent millions of dollars worth of trenchers, trailers, semis, bulldozers, boats and forklifts and other equipment over the years....

    July 19, 2014

  • City and state briefs

    Transportation needs listed The White House released a new report this week from the Council of Economic Advisers and National Economic Council on the long-term economic benefits of transportation investment and why conditions in the ...

    July 17, 2014