The Oklahoma Tax Commission recently released city sales tax collection figures that primarily represents local tax receipts from December business. The monies they reported this period represent sales from Dec. 16 to 31 and estimated sales from Jan. 1 to 15.
Statewide, the disbursement of $203,878,986 in sales tax collections returned to the cities and towns reflected an increase of $752,956 from the $203,126,030 distributed to the cities and towns in February last year. The use tax disbursement to cities and towns was $43,945,892 according to the Oklahoma Tax Commission.
In county returns, the counties shared in a $33,726,343 sales tax disbursement and a $8,459,895 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 2023. Taxable Sales are calculated by dividing the tax collected by the tax rate and it shows a rough estimate of retail sales activity.