State: Timing on GPT oil collections push GRF receipts far above estimate

Lagging oil prices not expected to hit GRF until January

State: Timing on GPT oil collections push GRF receipts far above estimate

LOKLAHOMA CITY — General Revenue Fund collections in November were$502.2 million and came in at$75.0 million, or 17.5 percent, above the monthly estimate. This amount is$111.5 million, or 28.6 percent, above collections in November of 2017, which is mostly due to law changes that took effect this year. Total collections over the first five months of the fiscal […]

State: October GRF collections beat estimate by 2%

Gross production tax collections still not meeting estimate

State: October GRF collections beat estimate by 2%

OKLAHOMA CITY — General Revenue Fund collections in October were $520.2 million and came in at $10.0 million, or 2.0 percent, above the monthly estimate. This amount is $83.9 million, or 19.2 percent, above collections in October of 2017. Total collections over the first four months of the fiscal year are $20.4 million, or 1 percent, above […]

State BOE approves Hofmeister’s request of $3.35 billion in classroom investment

State BOE approves Hofmeister’s request of $3.35 billion in classroom investment

OKLAHOMA CITY (October 25, 2018) – The Oklahoma State Board of Education today approved a Fiscal Year 2020 budget request of $3.35 billion for common education, which includes an increase of more than $440.6 million. The request – among the largest ever for common education – seeks to reduce class sizes and boost critical funding for instruction […]

State: August collections 6.6% above estimate

Two major reporting categories still missing monthly estimate

State: August collections 6.6% above estimate

OKLAHOMA CITY — General Revenue Fund collections in August were $454.6 million and came in at $28.2 million, or 6.6 percent, above the monthly estimate. This amount is $40.9 million, or 9.9 percent, above collections in August of 2017.

State: July GRF receipts 2.1% below estimate

First month's collections for FY 2019 leave room for improvement

State: July GRF receipts 2.1% below estimate

OKLAHOMA CITY — General Revenue Fund collections in July were $449.1 million and came in at $9.6 million, or 2.1 percent, below the monthly estimate. This amount is $37.8 million, or 9.2 percent, above collections in July of 2017. 

Governor signs revised emergency rules for medical marijuana

Governor signs revised emergency rules for medical marijuana

OKLAHOMA CITY – Governor Mary Fallin today issued this statement after signing revised emergency rules adopted by the Oklahoma State Board of Health, which establish a framework for patients, physicians, caretakers, and business owners interested in medical marijuana: “These rules are very basic, and represent the best option in developing a proper regulatory framework for […]

State: Final FY 2018 Revenues Best Estimate by 7%

June collections come in just over 11% above estimate

State: Final FY 2018 Revenues Best Estimate by 7%

OKLAHOMA CITY — General Revenue Fund (GRF) collections in June were $626.9 million and came in at $63.7 million, or 11.3 percent, above the monthly estimate. This amount is $79.2 million, or 14.5 percent, above collections in June of 2017. Total collections during the 2018 fiscal year were $5.9 billion which is $381.6 million, or 7 percent, above […]

Statewide computer issue has shutdown driver license system

Statewide computer issue has shutdown driver license system

Updated on Wednesday, August 1, 2018 — At the current time, driver license offices across the state are not able to issue new driver licenses or ID cards but can issue replacement and renewal licenses and IDs. Tag agencies are not affected, as they only issue replacement driver licenses and IDs. The Department of Public Safety […]

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