The Duncan Banner

Local News

January 31, 2012

Sales tax returns up in 2 towns

Toni Hopper The Duncan Banner

DUNCAN — Duncan and Comanche saw their sales tax returns for December increase from a year ago, but most townships experienced a decline, when the Oklahoma Tax Commission sent checks in January.

The disbursements sent this month were based on sales from Nov. 16-30 and estimated sales from Dec. 1-15.

With that as the criteria, Stephens County cities and towns received a total of $1,320,778.94 in returns, which was an increase of $39,881.59 from $1,280,897.35 received in January 2011.

The cities of Duncan and Comanche showed an increase in returns compared to the same time period for 2011.

Duncan’s return in January was $1,127,728.22, up from $1,070,834.60 in January 2011, while Comanche’s return was $44,550.38, up from $44,349.18 a year ago.

All other communities in Stephens County receiving state distributions were down, some considerably more than others.

Central High’s return was $203.20, compared to $721.37 in January 2011.

Velma also showed a major decrease in sales tax returns, receiving back from the state only $29,001.46 this month, compared to $41,533.98 in January 2011.

The City of Marlow’s distribution for  $117,070.91, which was drop of $6,535.24 compared to $120,895.23 in January 2011.

Bray’s return was down by $338/17 from a year ago. This month’s check coming in at $2,224.77, compared to $2,562.99 in January 2011.

For Stephens County overall, total returns were up at $237,065.06, compared to $230,429.82 in January 2011. That’s a $6,635.24, increase in sales tax returns.

Statewide, sales from the time period generated $138.5 million total for Oklahoma cities, reported OTC.

Disbursement of $128,336,064 in sales tax collections was returned to 508 cities and towns, reflecting a increase of $7,668,399 from the $120,667,665 distributed to 507 cities and towns in January 2011.

A use tax disbursement from the state for $10,155,400, was distributed between 372 cities and towns.

Companies which collect more than $2,500 in monthly sales tax receipts are required to file and pay electronically, according to OTC.

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