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City of Norman finance staff credits December use-tax surge for returning use-tax line to positive
Summary
City finance staff told the Finance Committee a strong December use-tax collection brought the city’s use-tax account back into the black for the fiscal year, while sales tax remained essentially flat (about –0.5% year‑to‑date). Council members asked the state for more detail on unreported online sales after staff cited reporting gaps linked to South Dakota v. Wayfair.
Mister Francisco, a city finance staff member, told the City of Norman Finance Committee on Dec. 18 that a strong December use‑tax collection "got us back into the black" for the fiscal year while sales tax remained "negative 0.5% for the year." Francisco said the monthly results meant the city’s use‑tax receipts are now positive for the fiscal year after recent volatility.
Why it matters: Use tax funds and sales tax trends help shape budget decisions and the city’s capacity for services. Council members pressed staff for clarity about the degree to which the city can rely on use‑tax projections in upcoming budget…
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