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5 towns, county higher in June sales tax report

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5 towns, county higher in June sales tax report

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Five county towns, all but Kingfisher, and Kingfisher County showed increases in their June sales tax checks, according to the Oklahoma Tax Commission.

The June 9, 2023 distribution of sales tax collections by the Oklahoma Tax Commission primarily represents local tax receipts from April 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 April 16 to 30 and estimated sales from May 1 to May 15.

The disbursement of $191,832,173 in sales tax collections returned to the cities and towns reflected an increase of $1,585,719 from the $190,246,454 distributed to them in June last year.

The use tax disbursement to cities and towns

was $32,074,496. In county returns, the counties shared in a $33,103,068 sales tax disbursement and a $6,090,919 use tax disbursement.

The use tax checks for selected area towns followed by the June 2022 use tax included: Kingfisher – $57,582.95 and $97,913.36.

Hennessey – $28,198.46 and $23,704.26.

Cashion – $5,294.94 and $4,170.93. Crescent – $9,034.44 and $7,459.93. Dover – $2,783.53 and $4,035.63. Okarche – $27,038.35 and $28,762.51.

Use tax is collected at the same rate as each entity’s sales tax on purchases made out of state for delivery within the state.

Loyal does not levy a use tax.