Sales Tax Receipts from Area Towns

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Sales Tax Receipts from Area Towns

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

The disbursement of $158,178,686 in sales tax collections returned to the cities and towns refl ected an increase of $8,668,099 from the $149,510,587 distributed to the cities and towns in June last year. The use tax disbursement to cities and towns was $19,932,632.

In county returns, the counties shared in a $27,894,905 sales tax disbursement and a $4,104,802 use tax disbursement.

Of more local interest, Allen’s sales tax receipts were up over $2000. The town received $15,995.73 this year compared to $13,839.45 in June of 2018. Atwood posted a loss, receiving only $606.79, down from $1,008.47. Calvin and Francis were also down; Calvin received $5,735.77 down from $13,102.54, and Francis earned $1,217.26 down from $1,369.07. Gerty had an increase $447.91 up from $196.96.

The two county-seats were both up. Pontotoc County’s Ada increased to $1,334,210.57 from $1,251,324.45, and Holdenville in Hughes County received $233,173.81, up from $229,279.82.

County taxes were down in both taxes. Hughes County received $153,075.18 down from $219,140.85, and Pontotoc earned $373,409.07 down from $374,425.12.

While not all communities collect Use Tax, it contributed $2,509.43 to Allen’s income, more than double the $1,211.96 received last year. Use Tax receipts were down in Calvin, $1,288.95 compared to $1,873.12 in 2018. Ada and Holdenville both posted an increase in Use Tax. Ada earned $121,553.10, up from $113,221.90; and Holdenville received $20,339.83 up from $14,614.19.

County Use Tax receipts were also up in both counties. Hughes received $36,402.00 up from $31,544.88, and Pontotoc posted $49,728.19 up from $35,737.98.