OKLAHOMA CITY (Oct. 15, 2024) – General Revenue Fund collections in September totaled $746.1 million, which is $8.4 million, or 1.1%, above the monthly estimate. This is $28.3 million, or 3.7%, below collections in September 2023. Total GRF collections for the first three months of fiscal year 2025 are $1.97 billion, which is $4.8 million, or 0.2%, above the estimate, and $17.4 million, or 0.9%, below prior year collections for the same period.
“Overall, through the first quarter of the fiscal year, the state’s General Revenue Fund is slightly ahead of estimates,” said OMES Director Rick Rose. “Gross production tax contributions to the General Revenue Fund continue to fall well short of the estimate, but have been offset by outperformance in contributions from other sources. Oklahoma’s state grocery tax elimination launched at the end of August, and we expect to see the first full month of that elimination reflected in next month’s results.”
September 2024 revenue tables are available on the OMES website.
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 on 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.
Get Local News!
