NewsOK
The Oklahoman Editorial
Published: March 11, 2010
Tuesday’s state revenue report covering February collections fired a shot of hope across the bow of a listing ship of state. Is the tide starting to turn?
No one can say for sure, but having collections that exceeded estimates for the first time in more than a year is a buoyant moment. Unfortunately, exceeding an estimate is one thing. Exceeding last year’s collections is another. February receipts were off by $17.3 million from a year ago.
Interestingly, personal income tax receipts were significantly higher than the estimates. Gross production taxes also showed signs of strength... FULL ARTICLE
Posted on
Thu, March 11, 2010
by Crystal Drwenski