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All county cities, towns see lower tax checks this month

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All county cities, towns see lower tax checks this month

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Lower prices for crude oil, causing slower activity in the area oil play, resulted in lower sales tax checks for all county towns and Kingfisher County for September.

The September distribution of sales tax collections by the Oklahoma Tax Commission primarily represents 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 31 and estimated sales from Aug. 1 to Aug. 15.

The disbursement of $162,189,663 in sales tax collections returned to the cities and towns reflected an increase of $197,559 from the $161,992,104 distributed to the cities and towns in September last year. The use tax disbursement to cities and towns was $25,125,602.

In county returns, the counties shared in a $26,568,411 sales tax disbursement and $4,322,050 in use tax. Use tax collections ( levied at the same rate as sales taxes for purchases made out of state for delivery in the county) for selected area towns follows with the September 2020 amount listed first:

Cashion – $6,749.34 and $5,683.29.

Dover – $10,311.07 and $3,617.80.

Hennessey – $12,335.04 and $14,120.73.

Kingfisher – $57,110.44 and $67,909.14.

Okarche – $14,626.23 and $14,631.00

Crescent – $6,199.74 and $7,203.43.

Watonga – $14,959.68 and $29,257.30.

Please see Page 2 for the chart comparing September sales tax for all area municipalities.