Tag: oil and gas tax credits

Quick take: On track for another flat budget year

Yesterday’s announcement of General Revenue (GR) collections for October shows that the state is on track to bring in about the same amount as in FY 2012. Overall GR in October was $439 million. This is $30.9 million, or 7.6… Read more [More...]

Unnecessary and Unaffordable: The case for curbing Oklahoma’s oil and gas tax breaks

Oklahoma should eliminate tax breaks for the oil and gas industry that are no longer needed and are threatening the state’s fiscal stability by squeezing out resources for schools, roads, public safety, and other keys to long-term economic growth, according… Read more [More...]

Quick Take: New fiscal year off to mixed start

This week’s announcement of General Revenue (GR) collections for the first month of the new fiscal year (FY 2013) provided mixed news for both overall collections and the performance of particular major taxes. Overall GR in July was $382.7 million.… Read more [More...]