State: GRF collections up over first half of fiscal year

State: GRF collections up over first half of fiscal year

OKLAHOMA CITY — General Revenue Fund collections in December were $620.6 million and came in at $50.2 million, or 8.8 percent, above the monthly estimate. This amount is $108.0 million, or 21.1 percent, above collections in December of 2017. Total collections over the first six months of the fiscal year are $145.6 million, or 4.9 percent, […]

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 […]

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