Good News for Local Retailers & Municipalities: Sales Tax Collections Up

OKLAHOMA CITY – Local retailers in Grand Lake’s major municipalities enjoyed higher sales this past November as compared to November of 2010, according to the January sales tax report just released by the Oklahoma Tax Commission. That is good news for local governments because more sales for retailers means more money for local public coffers.

The following is a round-up of January sales tax disbursements for the towns and municipalities in Grand Lake Area. The town, its sales tax rate and the amount of the disbursement as compared to last January’s disbursement is listed.

Afton (.030%) $12,998.23, down from $17,355.33

Bernice (.035) $7,246.55, down from $12,121.06

Colcord (.030%) $6,750.18, down from $7,365.38

Disney (.03875) $3,092.18, down from $3,255.06

Fairland (.030) $15,587.85, down from $19,027.392

Grove (.034) $463,709.96, up from $434,155.06

Jay (.030) $75,263.39, up from $61,002.71

Kansas (.030) $11,169.86, near steady from $11,237.21

Ketchum (.030) $9,718.66, near steady from $9,518.51

Langley (.030) $58,184.12, up from $54,576.29

Miami (.0365) $508,993.58, up from $362,238.07

Oaks (.030) $1,556.08 up from $666.90

Vinita (.030) $234,389.03, up from $200,808.70

West Siloam Springs (.0375) $25,948.83 up from $23,160.28

Wyandotte (.030) $4,047.87, up from $1,920.44

The January distribution of sales tax collections primarily represents sales taxes collected by area retailers from November 16 to November 30 and estimated sales from December 1 through December 15.

Statewide, January’s disbursement of $120,667,665 in sales tax collections reflects an increase of $13,286,867 from the $107,380,798 distributed in January of 2010.

Grand Lake counties also saw increases in their monthly sales tax income, albeit modest ones. Craig County’s .020 sales tax rate brought them a payment of $213,811.30, an increase over the $201,440.27 it received for the same period last year. Delaware County’s .009 sales tax rate raked in $208,450.43, up from $198,159.89 last January. Mayes County’s .013750 brought in $368,349.28, up from $348,811.29 last year. Ottawa County was the lone exception. Its .0135 rate garnered a January payment of $245,749.76 this year, a slight decrease from the $246,293.33 it received last year.