After 18 months of construction, the new Oklahoma State Capitol Visitor Entrance, located on the southeast corner of the State Capitol building, is now open. To commemorate, a ribbon-cutting ceremony was held at 10 a.m. on Sept. 16. Steve Mason, chairman of the State Capitol Restoration Expenditure Oversight Committee, introduced the ceremony while state leaders Rep. Mark McBride and Sen. Roger Thompson, both members of the State Capitol Restoration Oversight Committee, shared remarks.
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General Revenue Fund collections in August were $438.4 million and came in at $4.1 million, or 0.9%, above the monthly estimate. This is $13.0 million, or 2.9%, below collections in August of 2019. Overall August collections met expectations, but were lower compared to August of 2019 due to the continued depression of gas production tax and decline of other collections.
General Revenue Fund collections in June were $564.9 million and came in at $163.9 million, or 22.5%, below the monthly estimate. This amount is $114.6 million, or 16.9%, below collections in June of 2019. Total collections for the 2020 fiscal year were $6.27 billion and came in at $716.1 million, or 10.2%, below the 2020 fiscal year estimate and $586.8 million, or 8.6%, below prior year collections.
General Revenue Fund collections in July were $790.5 million and came in at $68.8 million, or 9.5%, above the monthly estimate. This is $290.8 million, or 58.2%, above collections in July of 2019.
