GRF collections for the first four months of fiscal year 2027 stand at $3.1 billion. This is $497.4 million, or 19.1%, above the year-to-date estimate and $429.9 million, or 16.1%, above collections from the same period in FY 2026.
“October results were strong across the board, with collections well above estimates and prior-year totals,” said OMES Director Mark Wood. “Year-to-date income tax collections were significantly up as a result of tax returns filed prior to the extended deadline on Oct. 15. Additionally, gross production taxes exceeded estimates due to higher oil and gas prices.”
October’s above-estimate performance spanned all categories, with notable gains in gross production tax on oil and individual income tax.
October 2026 revenue tables are available on the OMES website.
As state government’s main operating fund, the GRF is the key indicator of state government’s fiscal status and the predominant funding source for the annual appropriated state budget. GRF collections are revenues that remain for the appropriated state budget after rebates, refunds and other mandatory apportionments, and after sales and use taxes are remitted back to municipalities. In contrast, gross collections, reported by the state treasurer, are all revenues remitted to the Oklahoma Tax Commission.
About the Office of Management and Enterprise Services
The Office of Management and Enterprise Services provides financial, property, purchasing, human resources and information technology services to all state agencies, and assists the Governor’s Office with budgetary policy matters. Our mission: Provide excellent service, expert guidance and continuous improvement in support of our partners’ goals. For more information, visit oklahoma.gov/omes.
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