Oct. 9, 2018
Year-to-date returns for first quarter almost equal to estimate
OKLAHOMA CITY — General Revenue Fund collections in September were $545.1 million and came in at $8.2 million, or 1.5 percent, below the monthly estimate. This amount is $40.1 million, or 7.9 percent, above collections in September of 2017.
"The first quarter year-to-date numbers are running essentially flat at 0.7 percent above estimate. Additionally, strong gross revenue performance should not overshadow the fact that the FY 2019 budget was built on these estimates that we are currently matching," stated Northrup. "Simply put, the numbers we are seeing are not currently indicating FY 2019 will produce a windfall."