The Norman Transcript

Local news

December 13, 2012

Sales tax up

NORMAN — Norman bounces back; Moore still holding strong

Norman sales tax collections are up this month according to Norman Finance Director Anthony Francisco.

Norman received more than $4.9 million in disbursements from the Oklahoma Tax Commission on Dec. 10. Of that amount, $705,108 is diverted to the Public Safety Sales Tax. The remaining $4.2 million is 6.2 percent above collections for the same time period last year.

“That’s for sales during the month of October,” Francisco said.

The city also received $214,111 in use tax, which is up over last year’s use tax collections of $195,161.

“We had been on a below-budget trend for three or four months previous, so we hope this is a negative trend buster,” Francisco said. “We’re still a bit below budget for the fiscal year-to-date, but we hope to be on a trend to climb back toward the budget.”

Because last year showed strong growth as the city and state recovered from the recession, this year’s fiscal budget growth predictions were more conservative at 4.2 percent.

Moore tax collections continue to trend above the budget with December collections.

“It was up 6.15 percent over last year,” Moore Finance Director Jim Corbett said. “We’re 7.92 percent up for the fiscal year so far this year.”

Moore had budgeted for a 5 percent increase last year. That upward trend likely is to continue as retail, particularly in the area of 19th Street and Interstate 35, continues to develop.

A big-ticket tax generator, Dick’s Sporting Goods, opened the end of October. Those taxes haven’t come into Moore’s city coffers yet.

“We don’t think any of that was in there because they opened the very end of October,” Corbett said. “Next month, we should see some of their sales tax.”

Voters approved a quarter-cent tax increase for park improvements at the Nov. 6 election. The extra quarter-cent starts April 1.

“We should begin seeing it the beginning of May at the earliest,” Corbett said.

Joy Hampton366-3539jhampton@normantranscript.com

For local news and more, subscribe to The Norman Transcript Smart Edition, or our print edition.

1
Text Only | Photo Reprints
Local news
  • 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

  • Ride CART fare free on Ozone Alert Day

    Environmental officials have declared today as an Ozone Alert Day. Passengers ride fare free on Cleveland Area Rapid Transit on Ozone Alert Days....

    July 24, 2014

  • Medical examiner says inmate died of an accidental drug overdose

    The Oklahoma Medical Examiner’s Office on Wednesday said a woman found dead in the Cleveland County jail Feb. 23 died of a drug overdose....

    July 24, 2014

  • Information scarce on ‘dark money’ group in Oklahoma superintendent campaign

    An independent expenditure group that paid for television advertisements opposing State Superintendent Janet Barresi in last month’s primary has not filed required spending reports with the Oklahoma Ethics Commission....

    July 24, 2014

  • Man injured in motorcycle wreck ID’d

    Norman police identified a man transported to Norman Regional Hospital’s emergency room after a two-vehicle collision involving a motorcycle and a car Wednesday....

    July 24, 2014

  • Wine, Organ and Compline at St. Thomas More

    St. Thomas More University Parish, 100 Stinson St., is hosting the Wine, Organ and Compline at 7 p.m. today. The series will begin with a wine and cheese gathering in the atrium, followed by an organ recital presented by guest organist ...

    July 24, 2014

  • Felonies filed

    The following persons were charged with felony counts in the Cleveland County Court Clerk’s Office: · Kenneth Leo Turk, 64, aggravated count of driving a motor vehicle under the influence of alcohol · Kelly Revonn Turner, 21, ...

    July 24, 2014

  • First Junior Police Academy class graduates

    The Norman Police Department will host a graduation ceremony for its first Norman Junior Police Academy class today....

    July 24, 2014

  • More than 700 to receive clothing, school supplies

    OKLAHOMA CITY — Citizens Caring for Children will host a two-day Back-to-School shopping event for school-aged children in foster care living in Oklahoma, Canadian, Cleveland, Grady, Lincoln, Logan and Pottawatomie counties....

    July 24, 2014

  • Police log

    Police responded to the following incidents Tuesday: · 2:36 a.m. assault report, 700 block of Stinson Street · 7:32 a.m. larceny report, 5400 block of Huettner Drive · 8:30 a.m. larceny report, 800 block of North ...

    July 24, 2014