Sales Tax Receipt up in Allen, Calvin and Gerty
The July 2022 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 16 th to May 30 th and estimated sales from June 1 st to the 15 th .
The disbursement of $194,656,884 in sales tax collections returned to the cities and towns reflected an increase of $14,386,010 from the $180,270,874 distributed to the cities and towns in July last year. The use tax disbursement to cities and towns was $31,042,126.
In county returns, the counties shared in a $32,855,555 sales tax disbursement and a $5,541,952 use tax disbursement.
Locally, Allen received $17,859.28 in Sales Tax revenue, up from last year’s receipts of $13,994.32. An increase of $3,864.96.
Increases were also posted by the other towns in our area with the exception of Atwood. That community took a loss, receiving only $641.23 compared to $878.45 last year.
Ada had a nice gain, receiving $1,595,072.47 compared to $1,483,150.12 in 2021. Calvin was up to $11,770.09 compared to $11,344.42 last year; Francis increased to $1,500.03, up from $1,011.16; Gerty received $256.22 compared to $130.00 last year; and Holdenville had a modest increase, receiving $245,149.43 up from $243,506.85.
The two counties also posted gains in Sales Tax receipts. Hughes County was up $25,804.13, receiving $121,208.88 compared to $95,404.75. Pontotoc County had an even larger gain of $27,787.40, receiving $449,478.42 compared to $421,691.02.
Use Tax receipts were down for the Town of Allen, dropping by $1,489.20 to $3,664.71 this year compared to $5,153.91 in 2021.
Ada and Calvin had increases in revenue from Use Tax sales. Ada was up to $166,612.38 from $161,094.37; Calvin posted $2,003.33 compared to $1,442.00 last year. Holdenville had a loss, receiving only $28,545.93 compared to $37,920.85. The towns of Atwood, Francis and Gerty do not collect Use Tax.
Both local counties were down in Use Tax receipts. Hughes County received $15,623.86, down from $16,601.09, and Pontotoc County receipts for July 2022 totaled $69,354.89 down from $75,034.23.