Latest Sales Tax Revenue for Local Cities Shows Mixed Results

The Penny News 107

Sales tax revenue figures for September 2024 reveal varied results across Western Oklahoma cities compared to the same month last year. Elk City led the gains with a 4% increase, amounting to $1,324,434.66, up from $1,272,828.26 in September 2023.

Clinton also posted a slight increase of 1.9%, totaling $554,062.47, while Altus saw a minor dip of 0.7% to $1,159,382.98. Woodward experienced a more significant decline, dropping by 5.2% to $1,082,055.82. Sayre and Mangum faced the steepest drops, with Sayre down 15% to $136,044.95 and Mangum plunging 26% to $51,789.39.

Weatherford, usually a strong performer, saw a notable 9.9% decrease, recording $1,066,761.28 in September 2024, compared to $1,185,061.68 the previous year. Cordell’s intake remained almost flat, seeing a slight 0.25% decrease.

On a broader scale, the State of Oklahoma’s total sales tax revenue for September 2024 was $238,460,919.30, a 1.7% decrease from $242,708,616.13 in September 2023. These numbers reflect broader economic trends and varying local factors impacting consumer spending in each community.

While some cities saw growth, others faced declines, highlighting an uneven economic landscape as local governments assess their revenue projections for the upcoming fiscal year.

 
 

More News

News
The Penny News 1251
News | April 03, 2026
SWOSU recognized students from across its academic colleges during the 2026 Distinguished Student Award Ceremony.
News
The Penny News 1250
News | April 03, 2026
The Department of Biological & Biomedical Sciences at Southwestern Oklahoma State University will host a plant sale on Saturday, April 18, in the Old Science Building on the Weatherford campus.
News
The Penny News 1249
News | April 03, 2026
SWOSU has named Dr. Denise Landrum-Geyer as Dean of the College of Arts and Sciences. She will begin her role on May 1.
News
The Penny News 1248
News | April 03, 2026
Oklahoma could see changes to how oil and gas operations are taxed as State Rep. Anthony Moore, R-Clinton, works to address what he calls inconsistent and unfair practices across the state.
News
The Penny News 1247
News | April 03, 2026
A measure aimed at expanding industrial use of oil and gas wastewater for mineral development advanced this week in the Oklahoma House Energy Committee.
News
The Penny News 1246
News | April 02, 2026
The Oklahoma Legislature is moving closer to approving a measure aimed at shielding oil and gas companies from climate-related lawsuits.

 
PN49946
Have your ad read on the most powerful hour in radio, TRADIO. The buy, sell, and trade show that airs Monday through Friday at 10:00 AM to 11:00 AM and Saturday at 8:00 AM to 9:00 AM on KECO 96.5 FM.

 

 

© Copyright 2024, Paragon Communications. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.