Quote:
Originally Posted by OKCGUY3
I can understand your mathmatics and agree that if all months were like Jan 09 then it would be 96 million plus. However, I have to look at the previous long term collections of 66 months and believe that this represents a full picture of tax collection trends. In contrast, to accept that one month's tax collections is indicative of the rest of the year is somewhat short sighted. I mean, every year in any economy is going to have swings in the amount of tax collections for each month during the year. For instance, December and January will be more than september due to Christmas and New years spending. Same with August being higher due to back to school spending. So to take January's numbers which are typically high, and believe that all months will match that amount is, again very optimistic. But I can appreciate your point of view.
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You didn't read my post closely. I stated that this was the Jan. 09 collection but if you go to the finance and economics pages of the Maps for Kids project, you will see this is the last reported month of collections over the life of M4K. The trend over the entire period was gradually upward. Jan.09 was the last reported and largest collection but the prior year was basically each month slightly more than the next - always tracking upward.
I would agree these numbers will probably have dropped some due to the economic downturn but not by a huge amount. As we pull out of the current slump, the numbers will return to higher and higher collections since OKC is still growing in population, tourism increases and inflation will boost overall prices, thus increasing tax collections. $100 million will end up being on the low side.
Sorry but my financial numbers come right off the monthly budget reports.