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5 county towns higher in September sales tax report

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5 county towns higher in September sales tax report

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Five Kingfisher County towns posted increases in sales tax receipts in September compared to September 2022 and a sixth stayed even with the preceding September.

Kingfisher County’s sales tax dropped by 38.4 % due in large part to less oilfield activity.

The September 8, 2023 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 July 31 and estimated sales from Aug. 1 to 15.

The disbursement of $200,587,224 in sales tax collections returned to the cities and towns reflected an increase of $1,205,740 from the $199,381,484 distributed to them in September last year. The use tax disbursement to cities and towns was $34,497,089.

In county returns, the counties shared in $33,983,319 sales tax disbursementanda$ 6,503,886 use tax disbursement.

Visit the accompanying chart for more details about selected county and area entities.

Comparison of use tax collections, which are assessed at the same rate as entities’ sales tax rate for purchases made out of state for delivery within the county follow with the September 2023 amount listed first:

Cashion – $12,721.95 and $14,542.19.

Crescent – $8,556.93 and $8,841.46

Dover – $3,485.19 and $2,061.70.

Hennessey –$17,452.50 and $16,120.07.

Kingfisher – $49,410.59 and $134,984.30.

Okarche – $17,257.04 and $17,935.62.

Kingfisher County $74,653.72 and $167,227.33.