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Oklahoma tax revenues hit 12-month high

Oklahoma tax revenues hit 12-month high

NewsOK
by RANDY ELLIS
Published: Thu, December 6, 2018 5:00 AM

Bolstered by an improving economy and increased oilfield activity, the Oklahoma state treasury has taken in a record $12.8 billion in gross tax receipts over the last 12 months, State Treasurer Ken Miller announced Wednesday.

Those collections are $1.5 billion, or 13.1 percent, more than collections from the previous 12 months, he reported.

The previous record for a rolling 12-month period was $12.7 billion set at the end of October.

“The economy continues to propel treasury collections,” Miller said. “With 20 consecutive months of growth in monthly gross receipts and unemployment at its lowest in 17 years, Oklahoma is on track to finish 2018 on a high note.” FULL ARTICLE

1 comment (Add your own)

1. JamesFor wrote:
“The economy continues to propel treasury collections,” Miller said. “With 20 consecutive months of growth in monthly gross receipts and unemployment at its lowest in 17 years, Oklahoma is on track to finish 2018 on a high note.”

Sun, December 16, 2018 @ 6:52 PM

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