Tulsa Revenue Woes
Tulsa, OK – Tulsa sales tax revenue falls 7.5 percent in June
TULSA, Okla. (AP) Sales tax revenue for the city of Tulsa continues to decline with a drop of 7.5 percent in June.
The city received nearly $1.3 million less than in June last year.
The City Council is currently considering a budget for next year that must be approved by June 23.
Last week Mayor Kathy Taylor presented $7.6 million in budget cuts for next fiscal year that include eight unpaid furlough days for all 4,000 city employees.
Tulsa is finishing the current fiscal year with $213.7 million in sales-tax revenue. The amount is $5 million more than last year but $2.4 million less than projected.
Information from: Tulsa World, http://www.tulsaworld.com
Copyright 2009 The Associated Press.