County sales tax income up from last year
The Oklahoma Tax Commission recently released city sales tax collection figures that primarily represents local tax receipts from November business.
The monies they reported this period represent sales from Nov. 16 to 30 and estimated sales from Dec 1 to 15.
Statewide, the disbursement of $205,027,061 in sales tax collections returned to the cities and towns reflected a decrease of $5,897,093 from the $199,129,968 distributed to the cities and towns in January last year. The use tax disbursement to cities and town was $42,999,318 according to the Oklahoma Tax Commission.
In county returns, the counties shared in a $33,550,697 sales tax disbursement and a $7,943,171 use tax disbursement.
The chart below compares city sales taxes and taxable sales in area cities, towns and counties as well as a comparison for the same period in 2022. Taxable Sales are calculated by dividing the tax collected by the tax rate and it shows a rough estimate of retail sales activity.
Staff Report
Information regarding tax collections for Haskell County and municipalities is included in the current issue of the paper. In print and online.
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