DURANT- In November, the city of Durant was returned $828,671.38, from the Oklahoma Tax Commission, for sales tax from Sept. 15 to Oct. 15.
Last year, in the same month, the city of Durant was returned $721,669.82, for a total increase of $107,001.56.
Caddo collected $7,864.92, up from last year's $7,222.29; Calera collected $20,612.57; a rise over last year's $17,925.84; Colbert collected $9,835.71, a decrease over last year's $9,898.23. Bokchito lost money this year at $5,379.44 as opposed to last year's $6,171.92.
Bryan County collected $68,561.23 an increase from last year's $62,692.01. Choctaw County collected $82,035.92 over last year's $78,239.79.
So what does it all mean? Durant's pro-business attitude continues to grow the number of businesses in town. More people are spending more money inside the city. Durant's economy is continuing to boom, and that is always good for business.
DURANT- The Oklahoma Tax commission returned $828,671.38, to Durant in November, for sales tax revenue collected by Durant businesses from Sept. 15 to Oct. 15. Where does that money go?
Economic Development received $55,245.03; which is 1/4 percent. Multi-Sports Facilities, through the Durant Community Facilities Authority, received its 1/4 percent, $55,245.03. Southeastern Oklahoma State University Improvement received 1/4 percent as well, $55,245.03.
One percent of the total went to capital improvements, a measure that went into effect in 1978, and was revised in 1999. Two percent went to general operations, $441,957.8.
The city of Durant's tax rate is 3.75.