BARTLESVILLE, Okla. - Bartlesville city officials are saying the new fiscal year which began this month couldn't be off to a better start.
The city of Bartlesville, for the month of July, received $1.45 million in sales tax revenues from the State of Oklahoma. The amount, taken from sales tax collected during sales occurring mostly in last half of May and first half of June, marks more than a 12 percent increase from sales tax collected a year ago.
The sales tax funds received are 9.55 percent above the 5-year average for the same period, according to City of Bartlesville Finance Director Mike Bailey.
“This is not only the largest June receipt for the City but is also the largest single 'non-holiday shopping' month in our history,” he said, adding that the growth was not unusual in Oklahoma which had growth of 12.45 percent statewide.
“Obviously, one month does not make a trend, but it does lend confidence that retail spending is continuing to grow.”
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
It's not a party, but it is worth celebrating. A group of young people working together to help those in need in Bartlesville.