Data note: I had been relying on the Norman Transcript for these numbers, but the latest stories do not include the precise NFST figures (http://www.normantranscript.com/news/government/shop-norman-more-than-sales-tax-slogan/article_6be5b561-9f0f-5d28-bb6d-b137ddf4b28c.html, http://www.normantranscript.com/news/government/customer-service-and-destination-shopping-are-key-to-local-retail/article_d03b45eb-aa34-54d9-92b9-67b1f3a7f0f7.html, http://www.normantranscript.com/news/government/norman-tightens-belt-as-sales-tax-plummets/article_a6b87090-fb57-5aae-a89b-96631600ca66.html). In order to calculate those numbers, I ‘reverse engineered’ them from Oklahoma Tax Commission reports (https://www.ok.gov/triton/modules/newsroom/newsroom.php?id=257). Again, if you have different numbers, please let me know and we will work them into the analysis!
September, method 1
The September benchmark was $842,597.
The September NFST collection was $816,885.
The September shortfall was $25,694, 3.05% of the benchmark.
September, method 2
The September benchmark was $842,916.
The September NFST collection was $816,885.
The September shortfall was $26,031, 3.09% of the benchmark
October, method 1
The October benchmark was $870,665.
The October NFST collection was $780,689.
The October shortfall was $89,976, 10.33% of the benchmark.
October, method 2
The October benchmark was $807,966.
The October NFST collection was $780,689.
The October shortfall was $27,277, 3.38% of the benchmark
November, method 1
The November benchmark was $842,597.
The November NFST collection was $843,752.
The November surplus was $1,173, 0.14% of the benchmark.
November, method 2
The November benchmark was $901,509.
The November NFST collection was $843,752.
The November shortfall was $57,757, 6.41% of the benchmark.
Year to date, method 1
The YTD benchmark was $9,408,798.
The YTD NFST collection was $8,611,243.
The YTD shortfall was $797,555, 8.48% of the benchmark.
Year to date, method 2
The YTD benchmark was $9,298,802.
The YTD NFST collection was $8,611,243.
The YTD shortfall was $687,559, 7.39% of the benchmark.
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