Henryetta city officials are hoping the holiday season pulls out what has so far been a disappointing year in sales tax receipts.
For the ninth consecutive month, the sales tax return has been lower than last year.
November’s sales tax check amounted to $221,543.34, a drop of $1,488.02 from the 2016 return.
Since January the town has received $2,349,771 compared to $2,486,212 a year ago. One more month remains in the calendar year but the town operates on a fiscal year basis from July 1 through June 30.
Sales tax monies for the current fiscal year July through November have totaled $1,090,923. For the same period a year ago, the town received $1,152,221.
By contrast, use tax receipts this past calendar year are up nearly $22,000 above the 2016 numbers. The town has received $170,926 compared to $149,307 a year ago.
Neighboring Dewar also reported a drop in sales tax monies, $9,920 in November’s report compared to $12,456 a year ago.
Okmulgee received $499,732, an increase of only $775 from the previous year.
Statewide, the disbursement of $144,893,118 in sales tax collections returned to the cities and towns reflected an increase of $10,465,211 from the $134,427,907 distributed to the cities and towns in November last year. The use tax disbursement to cities and towns was $14,534,201.
The November distribution of sales tax collections by the Oklahoma Tax Commission primarily represents local tax receipts from September 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 September 16 to September 30 and estimated sales from October 1 to October 15.