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City manager reports higher sales tax in latest check; use tax lagging but combined receipts above target
Summary
Oklahoma City’s city manager reported a 12% increase in sales tax receipts for the most recent month, while use tax declined about 4.5%. Combined sales and use tax growth was reported at about 6.5%, putting the city roughly $900,000 ahead of target for the fiscal year period covered.
Oklahoma City — The city manager reported a strong sales-tax check for the month, outweighing a pullback in use tax and placing the city ahead of budgeted targets.
In remarks to the council the city manager said the most recent sales-tax check showed approximately 12% growth for the month. Use tax,…
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