Allen Up in Sales Tax

Time to read
less than
1 minute
Read so far

Allen Up in Sales Tax

By
Posted in:

The August distribution of sales tax collections by the Oklahoma Tax Commission primarily represents local tax receipts from June 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 June 16th to June 30th and estimated sales from July 1st to July 15th .

The disbursement of $158,939,220 in sales tax collections returned to the cities and towns refl ected an increase of $8,777,404 from the $150,161,816 distributed to the cities and towns in August last year. The use tax disbursement to cities and towns was $15,449,399.

Locally, Allen receipts increased over 2017, receiving $2,337.13 more in 2018. Last year’s revenue totaled $14,764.46 compared to $17,101.59 this year.

Increases were also posted by Atwood, $918.60 compared to $643.98; Calvin, $16,069.02 compared to $7,392.50; Gerty, $635.07 up from $278.98; and Francis, $1,578.02 over $1,367.69 last year.Also up were both county seats. Ada received $1,325,795.46 this past month compared to $1,269,455.96 in August of 2017. Holdenville’s gain of $14,581.40 had them earning $237,402.33 in 2018 compared to $222,820.93 last year.

County Sales Tax receipts brought in $368,021.46 for Hughes County, up from $196,833.12 last year, and $365,111.49 for Pontotoc, up from $348,900.48.

Use Tax receipts in Allen were down drastically. The town received only $1,174.19 this August compared to $$5,345.20 in 2017.

Calvin was also down, receiving $854.09 compared to $11,009.16, Ada had a gain of $14,118.02, receiving $116,339.68 over last year’s total of $102,221.66. Pontotoc County was up, $31,221.33 compared to $29,234.32, but Hughes County dropped to $14,296.83 from $41,456.90.