Oklahoma collected $1.5 billion in state tax revenue in July, an increase of $36.9 million, or 2.6%, compared with July 2025, according to a report from Oklahoma Treasurer Todd Russ.
Collections for the 12-month period ending in July totaled $17.95 billion, an increase of $977.5 million, or 5.8%, from the previous 12-month period.
“July’s report shows a steady economic environment,” Russ said. “Manufacturing remains in expansion territory, consumer activity continues to support sales and use tax growth, and inflation is beginning to moderate, signaling balanced conditions as Oklahoma moves further into summer.”
Sales and use tax collections totaled $643.6 million in July, up $50.4 million, or 8.5%, from a year earlier.
Individual income tax collections over the 12-month period reached $6.3 billion, an increase of $688.4 million, or 12.2%. Annual use tax collections increased 12.5% to $1.4 billion.
Gross production tax collections from oil and natural gas totaled $1.1 billion over the 12-month period, an increase of $87.8 million, or 8.3%. Motor vehicle tax collections increased 1.5% to $899.5 million.
July marked the 11th consecutive month of growth in the state’s rolling 12-month revenue total.
“Oklahoma’s economic resilience is evident across multiple indicators,” Russ said. “Steady consumer spending, strong manufacturing momentum, and moderating inflation all contribute to a stable fiscal foundation as we enter the middle of the year.”
