No indication current trend to yield significant growth in next fiscal year
OKLAHOMA CITY — General Revenue Fund collections in October were $436.4 million and came $2.5 million, 0.6 percent, above the monthly estimate. Coincidentally, the year-to-date estimate also came in above by 0.6 percent. There was improvement in nearly every category from last year, as expected.
"A revenue failure does not seem to be in the forecast, but neither does a healthy surplus, so maintaining FY 18 levels of funding to core services will require continued discussion, cooperation and effort," said Secretary of Finance, Administration and Information Technology Preston L. Doerflinger. "If the Legislature desires a different path forward, I urge them to begin putting those plans together now so they can be discussed during the next regular session."