General Revenue Fund

The General Revenue (GR) Fund, also known as the general fund, is the principal funding source for most Oklahoma government operations. Any revenue that is not restricted for a specific purpose flows into the general fund. The Legislature may direct money out of this fund for any legal purpose of the government. 

Total General Revenue collections in FY 2024 were $8.466 billion, which was $547 million, or 6.1 percent, less than in FY 2023. The biggest contributors to the General Revenue Fund were the individual income tax ($3.321 billion, 39.2 percent), sales tax ($2.610 billion, 30.8percent), and gross production tax ($608.5 million, 7.2 percent). Dozens of smaller taxes and fees made up the rest.

The Legislature can appropriate up to 95 percent of the estimated General Revenue for the coming year (see Revenue Estimates). For Fiscal Year 2025, 76 percent of the money appropriated by the Legislature comes from General Revenue.