Comment on 'We have seen the worst of the downturn,' Oklahoma City budget director says

'We have seen the worst of the downturn,' Oklahoma City budget director says

By William Crum Staff Writer wcrum@oklahoman.comOklahoma City's budget director said Monday the worst of the energy-induced slump in city tax revenues may be in the rearview mirror. Sales tax collections for the May reporting period were down 2.9 percent from the same month in 2015, Doug Dowler said. With hearings on the 2016-17 budget beginning Tuesday, Dowler said some easing is expected after a year of mostly down results. "Our expectation for next fiscal year is that we have seen the worst of this downturn," he said, "and we are projecting slight growth of about 1 percent for sales tax next year.Read more on NewsOK.com

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News