A large portion of any town's budget is based on sales tax collections. As on-line sales have increased, towns have grown increasingly concerned about how this affects their budgets. In past years, most towns planned for an annual increase in sales tax collections based on rising prices and new stores opening.
Towns base their budgets on a 12-month period that begins on July 1 and runs through June 30. As this year's fiscal year closes, the City of Claremore received nearly the same revenue when compared to the previous fiscal year. Sales tax collections for the year were $11.131 million compared to $11.135 million the previous year. The same is true for the collection of use taxes, which are sales taxes collected on goods bought from out of state business, but delivered or used inside the city. This year, the city collected $642,237 compared to $644,425 the previous fiscal year.
Rogers County collections were also nearly identical to last year. Sales tax collections this fiscal year were $12.090 million compared to $12.192 million last year. At the same time, use tax collections are up about 2.8 percent to $1.255 million compared to $1.220 million the previous fiscal year.
Three towns actually had an increase in sales tax collections. Catoosa increased collections by 5.6 percent collecting $5.612 million compared to $5.315 last fiscal year. However their use tax collections fell with the town collecting $401,503 this fiscal year compared to $552,223 last fiscal year. In prior years, Catoosa has had a large amount of construction projects, but that slowed during this fiscal year.
Sales tax collections also rose in Chelsea and Foyil. Chelsea's collections rose 5.5 percent to $510,000 from $454,463 last year. At the same time use tax collections climbed to $37,168 compared to $22,609 the prior year. Foyil's sales tax collections rose to $128,581 compared to $116,404, a 10.5 percent increase. Foyil does not receive use tax collections.
Verdigris had a slight drop in sales tax collections. The town collected $410,540 compared to $418,713 in the previous fiscal year. However, use tax collections climbed to $17,631 compared to $11,078 the prior year
Three towns had decreases in sales tax collections for the fiscal year, Oologah, Inola and Talala. Oologah had the largest decline in sales tax collecting almost 16 percent less than the previous year. Sales tax collections were $484,290 compared to $578,683 in the prior fiscal year. At the same time use taxes also fell with the town collecting $53,464 compared to $64,998 in the 2015-2016 fiscal year.
Inola's sales tax collections were $539,047 this year compared to $562,683 the prior year, a 4 percent decrease. Use taxes were down falling from $51,212 the prior year to $34,596, about a 33 percent decline.
The town of Talala collected $81,178 in sales taxes this year compared to $89,474 the prior fiscal year. At the same time use taxes were up climbing to $18,287 compared to $15,466 the prior year.