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Monthly General Revenue Reports

Posted on Tuesday - September 15, 2020

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.

Posted on Thursday - August 13, 2020

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.

Posted on Wednesday - August 12, 2020

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. 

Posted on Tuesday - June 9, 2020

General Revenue Fund collections in May were $490.1 million and came in at $65.5 million, or 11.8%, below the monthly estimate. This amount is $83.8 million, or 14.6%, below collections in May of 2019. Total GRF collections over the first 11 months of fiscal year 2020 were $552.3 million, or 8.8%, below the estimate, and $472.2 million, or 7.6%, below prior year collections for the same period.

Posted on Tuesday - May 12, 2020

General Revenue Fund collections in April were $529.1 million and came in at $416.2 million, or 44.0%, below the monthly estimate. This amount is $377.1 million, or 41.6%, below collections in April of 2019. Total GRF collections over the first 10 months of fiscal year 2020 were $486.8 million, or 8.5% below the estimate, and $388.5 million, or 6.9% below prior year collections for the same period.

Posted on Tuesday - April 14, 2020

"Although we have yet to see the full impact of $20 per barrel oil, it is clear from dropping sales and use tax collections that our economy is beginning to feel the pain," said OMES Director Steve Harpe. "This compounded with COVID-19 'stay at home' requirements and extended IRS tax filing deadlines, we expect to see the greatest impact to collections over these last remaining months of fiscal year 2020 and into the upcoming fiscal year."

Posted on Tuesday - March 10, 2020

General Revenue Fund collections in February were $327.3 million and came in at $23.5 million, or 6.7%, below the monthly estimate. This amount is $57.9 million, or 15.0%, below collections in February of 2019.

Posted on Tuesday - February 11, 2020

Total GRF collections over the first seven months of fiscal year 2020 were $28.8 million, or 0.7%, below the estimate, and $60.8 million, or 1.6%, above prior year collections for the same period.

“Oklahoma is on track with the year-to-date figures, but we continue to see softness in the energy sector,” said Steven Harpe, director of the Office of Management and Enterprise Services. “We need to keep this in mind as we look to the rest of the year.”

Posted on Wednesday - January 15, 2020

General Revenue Fund collections in December 2019 totaled $631.8 million. This is $11.2 million, or 1.8%, above collections in December 2018. At the same time, this figure is $8.9 million, or 1.4%, below the monthly estimate. Total GRF collections over the first six months of fiscal year 2020 were $28.3 million, or 0.9%, above the estimate, and $65.6 million, or 2.1%, above prior year collections for the same period.

Posted on Tuesday - December 10, 2019

General Revenue Fund collections in November were $467.1 million and came in at $17.5 million, or 3.9%, above the monthly estimate. This amount is $35.0 million, or 7.0%, below collections in November of 2018. Total GRF collections over the first five months of fiscal year 2020 were $2,525.6 million, which is $37.2 million, or 1.5%, above the estimate, and $54.3 million, or 2.2%, above prior year collections for the same period.