Sales Tax Collections down for Allen
The December 2019 distribution of sales tax collections by the Oklahoma Tax Commission primarily represents local tax receipts from October 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 October 16th to October 31st and estimated sales from November 1st to November 15th .
The disbursement of $159,479,589 in sales tax collections returned to the cities and towns refl ected an increase of $6,094,817 from the $153,384,772 distributed to the cities and towns in December last year. The use tax disbursement to cities and towns was $21,865,064.
In county returns, the counties shared in a $26,670,267 sales tax disbursement and a $4,200,908 use tax disbursement.
Of more local interest the Town of Allen took a hit, bringing in $4,582.55 less in 2019 than in 2018. Figures for this year showed receipts of $14,026.53 compared to $18,609.08 last year,
The towns of Atwood, Calvin and Gerty also took substantial hits in revenue but Francis and the two county seats both posted gains. In Atwood income was down to $883.70 compared to $4,477.65 last year; Calvin received $7,098.94 compared to $13,398.48 in 2018; and Gerty brought in $$129.91 down from $323.32.
Francis saw an increase of $105.09, receiving $1,352.75 compared to the previous year’s $1,247.66. Also posting increases were Ada with $1,307,513.04 in December 2019 compared to $1,287,179.71 last year; and Holdenville $221,695.30 compared to $211,670.97 in 2018.
In county returns, Hughes dropped to $125,008.67 this year compared to $250,922.57 last year; Pontotoc also took a loss but of less than $500. They received $366,359.75 in December 2019 compared to $366,848.30 in December 2018.
Use Tax is an optional tax imposed on internet purchases and for Allen it brought in $2,925.09 up from $2127.69 last year. Calvin took a drop, bringing in $5,233.01 compared to $6,234.81 last year. Revenue from this source was up in Ada but down in Holdenville. Ada received $118,198.88 compared to $98,213.44 in 2018; and Holdenville was down to $19,562.04 from $20,282.27 last year.
Both Hughes and Pontotoc Counties brought in less revenue in 2019 than in 2018. Hughes’ pay back was $12,567.06 compared to $26,374.01 last year; Pontotoc brought in $31,227.91 this year down from $40,050.98 last.