The April deposits into the General Revenue Fund were above targets and last year’s collections. The Office of Management and Enterprise Services (OMES) reports April collections totaled $1.13 billion which is 5.7% above the estimate. That figure is 11.5% higher than collections in April 2024.
The strong month has kept the General Revenue Fund above estimates for the fiscal year. Growth was pushed by stronger personal income tax collections.
“April marked the strongest month of the fiscal year, with General Revenue Fund collections surpassing expectations across multiple categories,” said OMES Director Rick Rose. “Exceptional growth in personal income tax revenue continues to drive overall gains, reflecting a healthy labor market and rising wages in Oklahoma. As we enter the final stretch of fiscal year 2025, year-to-date collections remain solidly ahead of estimates and last year’s pace.”
The General Revenue Fund is the fund in which the Oklahoma Legislature makes appropriations for the state budget.
