Alva Review-Courier -

Oklahoma revenue collections up due to delayed tax deadline

 

August 6, 2020



OKLAHOMA CITY (AP) — Oklahoma State Treasurer Randy McDaniel said Wednesday that revenue collections by the state rose by more than 27% in July due to a delay in the state income tax filing deadline because of the coronavirus pandemic, but not enough to offset previous shortfalls.

"While July collections were strong, a different picture emerges when taking into account the delay of income tax filing," McDaniel said. "The details show the positive bottom line is concealing some less than favorable developments."

The state collected $1.43 billion during the first month of the fiscal year,...



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