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Owasso reports July sales and use tax collections below budget after prior months’ surges

5822390 · July 9, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance staff reported July sales-and-use tax collections about 0.6% below budget—roughly $25,000—following two prior months that were above budget; staff said timing shifts in collections may explain the variance.

Finance staff told the council that July sales-and-use tax collections totaled roughly $25,000 below budget—about 0.6% under the expected amount—and that both sales tax and use tax portions were roughly…

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