November GRF receipts 7.9% above monthly estimate

Year-to-date comes in slightly above estimate at 1.8%

November GRF receipts 7.9% above monthly estimate

OKLAHOMA CITY — General Revenue Fund collections in November were $390.6 million and came in at $28.7 million, or 7.9 percent, above the monthly estimate. This amount is $48.2 million, or 14.1 percent above collections in November of 2016. Total collections over the first five months of the fiscal year were $2.2 billion which is $38.6 […]

Department of Corrections requesting $1B increase in state funding

Includes staff raises, 2 medium-security prisons, expanded programs

Department of Corrections requesting $1B increase in state funding

OKLAHOMA CITY — The Oklahoma Department of Corrections will request $1.53 billion in state funding for Fiscal Year 2019, including $813 million for two new medium security prisons. Other priorities include support to expand re-entry, mental health and substance abuse programs, officials announced.

DHS announces no program cuts December 1 

DHS announces no program cuts December 1 

The Oklahoma Department of Human Services announced today the agency will not have to reduce or eliminate service programs for seniors and people with disabilities on December 1 and January 1 as previously planned. Governor Mary Fallin approved $26.9 million in short-term funding for the agency when she kept intact parts of the revised budget bill on November 17. […]

Governor Mary Fallin vetoes most of revised budget bill

Preserves funding for cre Health, Human Services

Governor Mary Fallin vetoes most of revised budget bill

OKLAHOMA CITY – Governor Mary Fallin this evening vetoed most of the revised budget bill approved by legislators in special session. She kept intact parts of the bill that temporarily preserve funding for key health and human services until lawmakers return in another special session to approve long-term funding solutions.

Governor disappointed with latest budget proposal

Governor disappointed with latest budget proposal

OKLAHOMA CITY – Governor Mary Fallin today issued the following statement after the House of Representatives passed a “Plan B” budget measure, House Bill 1019X, which now goes to the full Senate for consideration. “I’m very disappointed that we weren’t able to come to an agreement on a way to fix our structural issues within […]

October GRF receipts 0.6% above estimate

No indication current trend to yield significant growth in next fiscal year

October GRF receipts 0.6% above estimate

OKLAHOMA CITY — General Revenue Fund collections in October were $436.4 million and came $2.5 million, 0.6 percent, above the monthly estimate. Coincidentally, the year-to-date estimate also came in above by 0.6 percent. There was improvement in nearly every category from last year, as expected. 

Oklahoma’s pension systems show strong gains in 2017

Oklahoma’s pension systems show strong gains in 2017

OKLAHOMA CITY – Oklahoma’s State Pension Systems achieved substantial gains during the past fiscal year, according to actuarial reports presented during State Rep. Randy McDaniel’s interim study Wednesday.“The noteworthy results are the product of collaboration and hard work,” said McDaniel, R-Edmond. “The improvement is valuable to those counting on the durability of the pension systems […]

September GRF receipts equal estimate

Recovery continues to be slow, steady

September GRF receipts equal estimate

OKLAHOMA CITY — General Revenue Fund collections in September were $505.1 million and came in flat when compared with the monthly estimate. However, collections to the GRF were $52.4 million, or 11.6 percent, higher than prior year collections for September. 

August GRF receipts 1.9% above estimate

Current budget situation tenuous and cash flow still an issue

August GRF receipts 1.9% above estimate

OKLAHOMA CITY — General Revenue Fund collections in August were $413.7 million and came in 1.9 percent higher when compared with the monthly estimate. However, collections to the GRF were $843,000, or 0.2 percent, below prior year collections for August. For the first two months of the fiscal year, total collections to the GRF were […]

July GRF receipts equal monthly estimate

Corporate income taxes again contribute nothing to GRF

July GRF receipts equal monthly estimate

OKLAHOMA CITY — General Revenue Fund (GRF) collections in July were equal to the monthly estimate, while outpacing the prior year collections by 10.7 percent for the first month of the fiscal year. GRF collections in July totaled $411.4 million, which is equal to the official estimate upon which the fiscal year 2018 appropriated state budget […]

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