The Duncan Banner

Local News

October 18, 2009

Area continues to take hit in sales tax collections

The Banner Staff

OKLAHOMA CITY — The numbers didn’t look good for the September distribution of sales tax collections by the Oklahoma Tax Commission.

Those numbers primarily represent local tax receipts from July 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 July 16 to July 31 and estimated sales from Aug. 1 to Aug. 15.

The numbers for Duncan had $955,516.93, which is down from 2008’s $1,143,899.72.

Marlow’s fisure shrank from $147,831.24 in ’08 to $115,167.88 this year. Comanche also saw about a $5,000 drop, going from $38,826.24 in 2008 to $33,092.63.

Waurika saw a similar drop, taking in $29,647.65 this year compared to $34,595.33 last year. Velma’s collection came in at $21,985.20, which was a drop from $25,897.11. Hastings had a smaller drop taking in $800.62 this year compared to $1,213.16. The community of Addington did see an increase, taking in $281.23 this year in contrast to $123.20 in 2008.

Bray’s share was off by over half. In 2008 the commiunity took in $2,414.59 and the share this year was down to $1,312.05.

Loco went from $1,388.77 in ’08 to 297.44 this year.

The Stephens County share was down from $264,520.93 to 199,616.89.

The disbursement of $109,415,102 in sales tax collections was returned to 505 cities and towns reflecting a decrease of $10,603,557 from the $120,018,659 distributed to 505 cities and towns in September last year.

The use tax disbursement of $8,032,227 was distributed between 351 cities and towns.

In county returns, 74 counties shared in a $22,978,010 sales tax disbursement. The use tax disbursement of $1,451,842 was distributed between 62 counties.

Text Only
Local News