For the second month in a row, sales tax revenue is up in Enid.
Oklahoma Tax Commission reports for April show Enid sales tax revenue increased by 13.5 percent for sales occurring mostly in the last half of February and estimated sales for the first half of March. That increase, though, is attributed to the higher sales tax now charged in Enid. Last year, voters in Enid approved a three-quarter cent sales tax for the Kaw Lake water pipeline project.
“When the Kaw Lake sales tax money is removed, we are down 2 percent from last year and approximately 4 percent year to date, compared to last year. However, we are looking forward to receiving the Amazon sales tax in the near future,” City Manager Jerald Gilbert said.
Two area county seats have increases in retail sales.
Fairview, located in Major County, has a $155,364 increase in net taxable sales, when compared to April 2016. Sales tax revenue increased by 5 percent.
Net taxable sales for Watonga, located in Blaine County, are up $1.8 million. Sales tax revenue is up 62.4 percent.
Reports show five area county seats did not fare as well.
A report for Cherokee, in Alfalfa County, shows a $75,393 decrease in net taxable sales, and a 4.6 percent decrease in sales tax revenue.
Alva, in Woods County, has a $154,871 decrease in net taxable sales. Sales tax revenue is down 2.3 percent.
A report for Woodward, in Woodward County, shows a $1.2 million decrease in net taxable sales, and a 5.1 percent decrease in sales tax revenue.
Kingfisher, located in Kingfisher County, has a $1 million decrease in net taxable sales. Sales tax revenue decreased 8.6 percent.
Story provided by: Enid News & Eagle
Written by: Jessica Miller