Allen, Gerty & Francis Tax Receipts Up

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Allen, Gerty & Francis Tax Receipts Up

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The July distribution of sales tax collections by the Oklahoma Tax Commission primarily represents local tax receipts from May business. Companies that remit more than $2,500 monthly in sales tax receipts are required to file and pay electronically. The monies they reported this period represent sales from May 16th to May 31st and estimated sales from June 1st to June 15th .

The disbursement of $158,864,212 in sales tax collections returned to the cities and towns refl ected a decrease of $768,194 from the $159,632,406 distributed to the cities and towns in July last year. The use tax disbursement to cities and towns was $20,149,421.

In county returns, the counties shared in a $28,521,962 sales tax disbursement and a $3,961,072 use tax disbursement.

The following list includes new sales and use tax rates for cities, towns and counties and their effective dates.

Of more local interest, Allen posted a gain of $516.68 in 2019 over what was received in July of 2018. This year the town received $14,940.73 compared to $14,424.05 last year.

Increases were also posted by Holdenville, Gerty and Francis while Ada, Atwood and Calvin took decreases in revenues.

Receipts in Holdenville increased by $15,229.74 to $225,797.82 over last year’s $210,568.08; Francis and Gerty posted more modes gains. Francis received $1,455.73 compared to $1,254.64 last year, and Gerty was up to $190.98 compared to $136.49 in 2018.

Ada’s revenue dropped by $54,955.99. The county seat of Pontotoc County received $1,267,807.92 in 2019 down from $1,322,763.91 last year. The loss in Atwood was $617.37; $952.62 this year compared to $1,569.99 last year. In Calvin the July 2019 income from sales tax was $5,588.38 down from $9,683.94 last year.

In the two county sales tax receipts for July, Hughes County was down over $100,000.00, receiving only $146,849.72 compared to $249,665.22 in 2018.; Pontotoc County had a slight increase, receiving $370,808.81 up from $359,680.62 last year.

The Oklahoma Use Tax is a little-known tax that complements the regular Sales Tax to ensure that purchases made outside of Oklahoma are not exempt from the Oklahoma sales tax. Most common among these are purchases made on-line.

In Allen the Use Tax revenue for July 2019 was $2,230.46, up from $1,862.42 last year. Gains were also posted in Ada, $107,272.13 up from $102,957.29, and in Calvin, earning $1,349.03 compared to $667.23 last year. Holdenville receipts were down this year $15,191.75 from $17,290.98.

County Use Tax receipts were up in Pontotoc County but dropped significantly in Hughes County. Pontotoc County received $40,618.78 this year compared to $36,500.96 in 2018. Hughes County, according to the Oklahoma Tax Commission website, dropped $33,607.52, receiving only $9,781.27 in 2019 compared to $43,388.79 in 2018.