Revenue collections reach all-time highs in Oklahoma
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July 5, 2018
OKLAHOMA CITY (AP) — State finance officials say Oklahoma's economy is continuing to show positive signs and state treasury collections are reaching all-time highs for both the last month and year.
State Treasurer Ken Miller released figures Tuesday that show a record $12.8 billion in overall collections for the last year, including $1.1 billion in gross receipts for the month of June. Both are record highs.
The revenue collection numbers don't include collections from new taxes on cigarettes, fuel and energy production that went into effect July 1. Those taxes are projected to generate an add...
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