Allen Tax Receipts are up slightly

Time to read
1 minute
Read so far

Allen Tax Receipts are up slightly

Posted in:

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

The disbursement of $164,563,429 in sales tax collections returned to the cities and towns reflected an increase of $10,914,363 from the $153,649,066 distributed to the cities and towns in January last year. The use tax disbursement to cities and towns was $23,910,502.

In county returns, the counties shared in a $28,803,038 sales tax disbursement and a $4,667,029 use tax disbursement.

Of local interest, Allen, Atwood and Calvin posted gain over monies received last year; Francis and Gerty were both down in revenues. The two county seats were also split. Ada showed a gain while Holdenville receipts were down.

Sales tax fi gures for Allen in 2019 were $15,870.36 over $15,278.86 last year; Atwood increased by $1,523.60 with 2019 receipts listed at $2,651.50 compared to $1,127.90 in 2018; and Calvin showed $7,170.41 this year over last year’s $5,085.07. Gains in Ada were $1,430,251.47 in 2019 compared to $1,340,491.63 in 2018.

Francis lost $452.11 over last year by receiving only $1,047.00 this year compared to $1,499.11 last year. Gerty also posted a loss, received $214.85 compared to $310.42 last year. Holdenville’s loss was $12,529.66, receiving $237.250.07 compared to $249,779.73 in 2018.

County sales tax receipts were up both Hughes and Pontotoc Counties. The Hughes County rate of 0.01% on items purchased brought in $337,745.87 compared to $213,023.15 last year. In Pontotoc County there was a substantial rate increase between 2018 and 2019. In 2018, with a collection rate of 0.00125, Pontotoc County brought in $45,596.96; in 2019 the rate increased to 0.00875 for an income of $404,309.89.

Use Tax is predominately collected from on-line purchases and is optional for each town. Of the area towns, only Ada, Allen, Calvin and Holdenville collect Use Tax.

In Ada revenue dropped to $126,855.04 this year compared to $184,380.24 last year. The other three towns all posted gains with Allen receiving $3,604.30 compared to $2,007.75; Calvin earned $1,511.19 over $917.51 last year; and Holdenville posted $28,491.68 over last year’s $17,073.71.

County receipts of Use Tax were up signifi cantly in both counties. Hughes County showed $134,651.26 this year over $31,894.46 last year, and Pontotoc County earned $44,961.38 compared to $15,929.81 in 2018.