August 2024 Sales & Use Tax

 

CITIES RECEIVE $200.5 MILLION
COUNTY RETURNS TOTAL $34.3 MILLION

 

The August 9, 2024, distribution of sales tax collections by the Oklahoma Tax Commission primarily represents local tax receipts from May 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 May 16th to the 31st and estimated sales from June 1st to the 15th.

 

The disbursement of $200,525,914 in sales tax collections returned to the cities and towns reflected a decrease of $4,302,790 from the $204,828,404, distributed to them in June last year. The use tax disbursement to cities and towns was $36,692,373.

 

In county returns, the counties shared in $34,342,252 sales tax disbursements and $6,511,536 in use tax disbursements.

 

The following list includes new sales and use tax rates for cities, towns and counties and their effective dates:




NEW RATES EFFECTIVE DATES

August, 2024

No change

September, 2024

No change

October, 2024

(45-08)   Broken Bow       4%      Sales & Use

(55-07)   Edmond              6%     Lodging

(24-17)   Hunter                4%     Sales & Use

(51-18)   Warner                5%    Sales & Use

November, 2024

No change

 

Sales Tax: City and County

 

Use Tax: City and County