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Once again, sales tax numbers for the City of Elk City continue to improve.
The latest numbers were revealed during the City Commissioner’s meeting Wednesday afternoon by City Treasurer Jennifer Rainey, where she revealed that the latest sales tax intake for the city was once again above the $1 million mark.
It was also reported that at the end of the fiscal year, which was June 30, the total annual sales tax intake was down by only 2% when compared to a year ago. Rainey reported that the city closed the gap considerably when compared to just last January when it was down 9%.
By News Director Jared Atha
Sales tax numbers are in for area cities for the month of March, and they appear to be on the uptick.
Elk City is once again over $1 million at just under $1.2 million – a 17% increase when compared to a year ago. Why the dramatic increase? City Treasurer Jennifer Rainey says she suspects it is because of a lot of out of town visitors due to recent activity at the softball / baseball 5-plex at Ackley Park West.
Rainey also credits the influx of tax dollars to recent stimulus checks that have been distributed over the last 12 months.