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Sales Tax Overview Committee reports small revenue shortfall, updates on parks and arts projects
Summary
The Sales Tax Overview Committee reported a slight revenue shortfall for January and provided status updates on projects funded by the 2016 and 2020 sales tax packages, including Fred Johnson Park, the Vision Arts program and Williams Crossing warranties.
Ashley Webb, chair of the Sales Tax Overview Committee, told the Tulsa City Council the city's sales tax revenues had dipped slightly below estimates for January and year-to-date.
"For the month of January, we're about $66,000 beneath the estimated revenues, and for the year, we're about $200,000 beneath the estimated revenues," Webb said. She described revenue trends as "a little up and down" and said the 2016 and 2020 sales tax program revenues were currently "a smidge below" the adopted budget estimates…
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