The December sales tax report shows General Fund collections in Oklahoma City were down 2.8 percent compared to the same month last year, missing the monthly projection by 3.4 percent.

The December report includes collections for the last half of October and estimated collections in the first half of November, which total about $18 million. That’s around $635,000 below the projection. December is the sixth month of the fiscal year, and General Fund sales tax revenue is about 2.9 percent ($3.3 million) below the year-to-date projection.

The General Fund pays for the City’s day-to-day operations. Sales tax is the City’s largest single source of revenue.

The City collected around $34.9 million in total sales tax revenue during the December reporting period, including collections for the General Fund, MAPS 3, Police, Fire and the Zoo.

Read the full December sales tax report here.

About sales tax
The sales tax rate in Oklahoma City is 8.375 percent, and 3.875 cents of each dollar in taxable sales goes to the City. Of that, two cents is allocated to the City’s General Fund, one cent goes to MAPS 3, three-fourths of a cent is dedicated to Police and Fire, and one-eighth of a cent goes to the Zoo. The rest of the sales tax belongs to the state.

Note: Oklahoma City businesses located in Cleveland and Canadian Counties collect a slightly higher sales tax rate due to County sales tax.

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Media Contact: Kristy Yager
297-2550 / 863-2831
kristy.yager@okc.gov