Sales tax collections are up for most communities in Canadian County, an Oklahoma Tax Commission shows. Several cities are up in sales tax revenue for the fiscal year as monthly reports show increases from July 1 to Jan. 1.
Piedmont was down in March, but up for the fiscal year, which is from July 1 to June 30. Collections from July 1 to January this fiscal year are up slightly compared to the same time period for the previous fiscal year. Sales tax collections for the first six months of the current fiscal year are slightly over $1.19 million.
March collections were down by more than $20,000. The OTC report shows collections dropped from $166,323 for March 2017 to $144,462.
City Manager Jason Orr said he keeps the OTC reports in perspective of where the city stands for the year.
“We’re up about two percent from where we were for the year last fiscal year,” he said.
“That’s the calculations I usually look at.”
Okarche was down from $106,907 March 2017 to $75,122 for the same period this year. Town Administrator Richard Raupe could not say if Okarche is up for the current fiscal year, but he was not concerned about the March report.
“Anytime it’s (collections) at $100,000 that’s really high, so $75,000 is average for us. We try to budget for 50 percent of the (revenue) for our budget,” Raupe said.
Yukon’s collections were up from $1,567, 911 last March to $1,812,361 for the same period this year. The city is up compared to last fiscal year, from $15,464,120 to $17,253,212.
Mustang was down by a few thousand dollars, from $819,748 last March to $810,431 for the same period this year.
