Tax revenue up for city, down for county

Tax revenue up for city, down for county

By Ken Childers

ONL Editor

The City of Okemah received its monthly sales tax distribution from the Oklahoma Tax Commission (OTC) last week, and the amount was up more than 10 percent over the previous year.

According to the OTC, the city received $109,228.19, a 10.64 percent increase over October 2018, when the disbursement totaled $97,605.64.
While the city realized an increase, the amount received by Okfuskee County was down 18.45 percent as compared to one year ago. The county received a disbursement this month of $126,961.92. In October 2018 the amount was $150,390.33.
The October distribution from the OTC represents local sales tax receipts on business conducted in August.
The City of Okemah and Okfuskee County both received use tax disbursements this month that were up significantly over the previous year. The city received $14,261.09, a 36 percent increase over October 2018’s amount of $9,127.17. The county’s disbursement of $28,876.71 was up 56 percent over the prior year, when the amount was $12,785.40. Use tax is collected when goods are purchased outside of Oklahoma and brought into the state for use or consumption and no sales tax was charged. This includes purchases made online.
Collections around the county
Boley saw a 32 percent increase over October 2018 with a disbursement of $8,699.84; Castle’s disbursement of $1,640.75 was down 72 percent from the previous year; Clearview received $141.37; Paden realized a 79 percent decrease with a disbursement of $14,997.82 and Weleetka received $13,407.48, down nearly 36 percent from the previous year.    Collections for other nearby cities and towns
Bristow: $295,843.90 (-0.77 percent)
Henryetta: $228,647.78 (-4.9 percent)
Okmulgee: $537,840.93 (-0.81 percent)
Prague: $89,160.14 (-4.2 percent)\
Wetumka: $33,786.06 (-39 percent)
The October distribution of sales tax collections by the Oklahoma Tax Commission primarily represents local tax receipts from August 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 Aug. 16 – Aug. 31 and estimated sales from Sept. 1 – Sept. 15.

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