August tax collections exceed the amount collected for the same month last year, but dips below estimate.
BY MICHAEL MCNUTT Oklahoman, NewsOK
Published: September 14, 2010
State revenue collections for August show growth from the same month a year ago, but are slightly below the estimate, state officials said today.
Preliminary reports show general revenue fund collections for August were $350.8 million, which is $15.5 million, or 4.6 percent, above last year, but $1.5 million, or 0.4 percent, below the official estimate for this fiscal year that began July 1.
State Treasurer Scott Meacham said personal income tax and gross production tax collections on oil and natural gas, while slightly below the estimate for the month, do not raise significant concerns... FULL ARTICLE
Posted on
Tue, September 14, 2010
by Crystal Drwenski