Data note: I am relying here on the numbers reported by the Norman Transcript (thanks, Joy Hampton!) here -http://www.normantranscript.com/news/government/sales-tax-continues-to-run-below-last-year-s-receipts/article_40595734-c697-5395-b5e7-227779271f9f.html. Again, if you have different numbers, please let me know and we will work them into the analysis!
June, method 1
The June benchmark was $842,579.
The June NFST collection was $753,217.
The June shortfall was $89,362, 10.61% of the benchmark.
June, method 2
The June benchmark was $879,922.
The June NFST collection was $753,217.
The June shortfall was $126,705, 14.40% of the benchmark
Year to date, method 1
The YTD benchmark was $5,111,646.
The YTD NFST collection was $4,547,951.
The YTD shortfall was $563,695, 11.03% of the benchmark.
Year to date, method 2
The YTD benchmark was $5,019,462.
The YTD NFST collection was $4,547,951.
The YTD shortfall was $471,511, 9.39% of the benchmark.
So, half of a year in, we are at something like 90% of expected receipts.
