Statement of Fiduciary Net Position – Fiduciary Funds

City of Edmond Economic Highlights:

CITY OF EDMOND, OKLAHOMA MANAGEMENT’S DISCUSSION & ANALYSIS June 30, 2021

Local Sales and Use Tax

City sales and use tax collections are the main source of revenue for the general operations of the City of Edmond. Following are summaries of collections committed to the General Fund by type for the FY 20-21 and year to date (YTD) for FY 21-22.

Sales Tax:

Sales tax collections for FY 20-21 were up, ending the fiscal year at an overall net increase of 6.61% over the prior year. YTD collections (through November 2021) for FY 21-22 are up from FY 20-21 by 7.40%.

MONTHS

GENERAL SALES TAX COLLECTIONS DATA

Year-to-Date Comparison

FY 18-19 FY 19-20 FY 20-21 FY 21-22 YTD Change Actuals Actuals Actuals Actuals % Change (FY 22)

NOVEMBER '20 DECEMBER JANUARY FEBRUARY MARCH APRIL MAY JUNE

$2,966,605 $3,297,490 $3,290,003 $3,198,525 $3,275,486 $3,487,684 $3,101,447 $3,328,503 $3,359,555 $2,718,985 $2,850,827 $3,202,314 $2,812,807 $2,833,415 $2,900,502 $3,194,367 $3,095,772 $3,655,777 $3,152,644 $2,939,865 $3,546,565

JULY AUGUST SEPTEMBER

$3,104,384 $3,229,310 $3,353,130 $3,646,951 $2,978,302 $3,195,713 $3,460,518 $3,596,078 $3,090,389 $3,229,060 $3,309,487 $3,639,769

OCTOBER

$3,154,393 $3,389,629 $3,407,002 $3,674,216

NOVEMBER '21 $2,831,629 $3,146,192 $3,336,648 $3,558,086

TOTAL $36,304,477 $37,811,263 $40,309,186 $18,115,100

6.05% ‐0.23% 6.48% 0.93% 12.33% 2.37% 18.09% 20.64% 8.76% 3.92% 9.98% 7.84% 6.64%

Cumulative YTD Change 7.40%

6.05%

‐0.23%

NOVEMBER '20 DECEMBER JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER '21 Series1 6.05% ‐0.23% 6.48% 0.93% 12.33% 2.37% 18.09% 20.64% 8.76% 3.92% 9.98% 7.84% 6.64%

6.48% 0.93% 12.33% 2.37% 18.09% 20.64% 8.76%

3.92%% Change from previous year 9.98% 7.84% 6.64%

SALES TAX COLLECTIONS

Months