Tag: revenue collections

August budget cuts by agency: not quite across-the-board

As a follow-up to our earlier post about the announced cuts to state agencies resulting from the shortfall in July revenue collections, we have prepared a spreadsheet that shows how much of a cut each agency will receive in dollar… Read more [More...]

The Art of budget forecasting

We have not yet reached the end of the first month of the new fiscal year but already Treasurer Scott Meacham has publicly predicted that state General Revenue collections will fall far enough short of the forecast to trigger an… Read more [More...]

Revenue figures: A tale of two half-years

Treasurer Scott Meacham today released revenue collections for the final month of the just-completed fiscal year, FY ’09. As was widely expected, the numbers were dismal: June General Revenue (GR) collections came in 30.1 percent below last year and 26.2… Read more [More...]

Free fall

This being the second Tuesday of the month, the Office of State Finance released the monthly revenue figures today. Unless you were the one who picked “down 21 percent” in the office betting pool, there was little to be happy… Read more [More...]

Thwack!

As the economic downturn worsens, Oklahoma’s budget has begun to resemble a boxer up against the ropes. The news from the March revenue report released today by the Office of State Finance just dealt another blow. General Revenue (GR) collections… Read more [More...]

Uh-oh!

The February revenue numbers are in and they are not good. The Treasurer’s office reported Tuesday that general revenue came in a whopping $103.9 million, or 30.4 percent below the certified estimate for February. In January, collections missed the estimate… Read more [More...]