Tag: Oklahoma budget

What the income tax pays for

The personal income tax is Oklahoma’s largest single revenue source. In 2011, the state collected $2.412 billion from the personal income tax, or slightly less than one in three dollars (31.7 percent) of total state tax collections. With a strong… Read more [More...]

Hot off the Presses: Our FY '12 budget highlights

With the 2011 legislative session now wrapped up, we are pleased to release our FY ’12 Budget Highlights, a one-page summary analysis of the budget for the upcoming year, along with eight detailed charts and tables on revenues and appropriations.… Read more [More...]

Revenues: Despite improvements, next year’s die is cast… unless the Legislature acts

Today’s announcement of the monthly General Revenue collections brought incontestable good news: State revenue collections in March topped prior year collections for the first time since December 2008 and the official estimate for a second consecutive month, State Treasurer Scott… Read more [More...]