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Everybody gets bigger sales tax checks
All Kingfisher County towns plus Kingfisher County had bigger sales tax checks this May than in May 2021 and three had increases in their use tax checks compared to May 2021, according to the report of the Oklahoma Tax Commission.
The tax commission collects tax for local entities of government as well as the Oklahoma state government.
The May 2022 distribution of sales tax collections by the Oklahoma Tax Commission primarily represents local tax receipts from March 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 March 16 to 31 and estimated sales from April 1 to 15.
The disbursement of $196,141,243 in sales tax collections returned to the cities and towns reflected an increase of $6,647,893 from the $189,493,350 distributed to the cities and towns in May last year. The use tax disbursement to cities and towns was $34,081,960. In county returns,
In county returns, the counties shared in a $32,655,643 sales tax disbursement and a $6,083,185 use tax disbursement.
Comparison of use tax checks returned to area entities this May and last follow in that order:
Cashion $13,099.38 and $10,667.07.
Crescent – $8,255.46 and $9,415.49.
Dover – $3,106.54 and $4,118.58.
Hennessey – $18,518.36 and $23,537.59.
Kingfisher – $117,052.02 and $56,815.72.
Okarche – $17,417.90 and $16,018.33.
Watonga – $19,534.02 and $19,825.31.
Kingfisher County –$123,009.78 and $140,195.99.
Use tax rates are the same as sales tax rates for each entity and are collected on purchases made out of state for delivery within the state.