Sales tax revenues continue to grow

By Jeff Shultz
Publisher

For the second consecutive month, all but one Garvin County town recorded a growth in sales tax revenues from the same reporting period in 2011.
According to the most recent sales tax distribution numbers from the Oklahoma Tax Commission, May’s distribution to cities and towns in Garvin County, which represents sales receipts from March, revealed an increase from last year’s distribution for all municipalities except Paoli, who had a decrease from May 2011 of $217.08.
And once again, Lindsay led the charge, marking an increase of $33,031.12 in sales tax revenues from May of 2011.
Pauls Valley was second, with a $17,868.03 increase with Wynnewood showing the third largest growth, $10,228.00.
Elmore City also shined in May with a $4,476.75 increase with Maysville ($2,145.89) and Stratford (1,452.82) followed with increases of their own.
Statewide, the disbursement of $128,125,425 in sales tax collections was returned to 509 cities and towns reflecting a increase of $10,238,215 from the $117,887,210 distributed to 508 cities and towns in May last year.

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