Stillwater News

Available: Stillwater’s latest tax apportionment report

Released:Sep 17, 2021

MONTHLY UPDATE

Monthly Sales, Use and Hotel/Motel Tax Report: A monthly report on sales, use and hotel/motel tax collections, projections and comparisons is in our Document Center.

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September 2021 Tax Apportionment Report

MEDIA RELEASE

(STILLWATER, OK) – The City of Stillwater’s September 2021 sales and use tax collection totaled $2,997,156. The collection is based off of July transactions that were reported to the Oklahoma Tax Commission in August and apportioned to the City in September.

This is an increase from September 2020 total collections by $514,007 (20.70 percent).

  • The City of Stillwater’s sales tax collections in September 2021 were $2,737,541, which is up $489,135 (21.75 percent) from September 2020.

  • The City of Stillwater’s use tax collections in September 2021 were $259,615, which is up $24,872 (10.60 percent) from September 2020.

Hotel/motel tax remitted to the City in September 2021 totaled $47,397, which is up from September 2020 collections by $3,914 (9.00 percent).

While the increase in tax collections is encouraging, Stillwater is not experiencing overall growth due to the impact of COVID-19. Lack of growth in local sales tax generation limits future opportunities for expanding City services and capital investment. Still, the return of public activities and events, and the rebound of businesses, are hopeful signs.

For more information about the budget and taxes, visit the City’s Financial Center at stillwater.org/budget.

We also update a sales, use and hotel/motel tax report monthly at stillwater.org/document-center/detail/id/285.

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For media inquiries, contact the Department of Marketing and Civic Engagement at (405) 742-8214 or email news@stillwater.org


August 2021 Tax Apportionment Report

MEDIA RELEASE

(STILLWATER, OK) – The City of Stillwater’s August 2021 sales and use tax collection totaled $2,739,173. The collection is based off June transactions that were reported to the Oklahoma Tax Commission in July and apportioned to the City in August.

This is an increase from August 2020 total collections by $163,319 (6.34 percent).

The City of Stillwater’s sales tax collections in August 2021 were $2,445,988, which is up $115,711 (4.97 percent) from August 2020.

The City of Stillwater’s use tax collections in August 2021 were $293,185, which is up $47,608 (19.39 percent) from August 2020.

Hotel/motel tax remitted to the City in August 2021 totaled $81,375, which is up from August 2020 collections by $45,316 (125.67 percent).

While the increase in tax collections is encouraging, Stillwater is not experiencing overall growth due to the impact of COVID-19. Lack of growth in local sales tax generation limits future opportunities for expanding City services and capital investment. Still, the return of public activities and events, and the rebound of businesses, are hopeful signs.

For more information about the budget and taxes, visit the City’s Financial Center at http://stillwater.org/budget.

We also update a sales, use and hotel/motel tax report monthly at http://stillwater.org/document-center/detail/id/285.

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July 2021 Tax Apportionment Report

MEDIA RELEASE

(STILLWATER, OKLAHOMA / July 27, 2021) – The City of Stillwater’s July 2021 sales and use tax collection totaled $2,799,296. The collection is based off May transactions that were reported to the Oklahoma Tax Commission in June and apportioned to the City in July.

This is an increase from July 2020 total collections by $257,976 (10.15 percent).

The City of Stillwater’s sales tax collections in July 2021 were $2,537,538, which is up $248,193 (10.84 percent) from July 2020.

The City of Stillwater’s use tax collections in July 2021 were $261,758, which is up $9,783 (3.88 percent) from July 2020.

Hotel/motel tax remitted to the City in July 2021 totaled $72,799, which is up from July 2020 collections by $45,370 (165.41 percent).

While the increase in tax collections is encouraging, Stillwater is not experiencing overall growth due to the impact of COVID-19. Lack of growth in local sales tax generation limits future opportunities for expanding City services and capital investment. Still, the return of public activities and events, and the rebound of businesses, are hopeful signs.

For more information about the budget and taxes, visit the City’s Financial Center at http://stillwater.org/budget.

We also update a sales, use and hotel/motel tax report monthly at http://stillwater.org/document-center/detail/id/285.

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View tax apportionment reports from FY21

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