General Revenue Fund collections in September totaled $746.1 million, which is $8.4 million, or 1.1%, above the monthly estimate. This is $28.3 million, or 3.7%, below collections in September 2023. Total GRF collections for the first three months of fiscal year 2025 are $1.97 billion, which is $4.8 million, or 0.2%, above the estimate, and $17.4 million, or 0.9%, below prior year collections for the same period.
“Overall, through the first quarter of the fiscal year, the state’s General Revenue Fund is slightly ahead of estimates,” said OMES Director Rick Rose. “Gross production tax contributions to the General Revenue Fund continue to fall well short of the estimate, but have been offset by outperformance in contributions from other sources. Oklahoma’s state grocery tax elimination launched at the end of August, and we expect to see the first full month of that elimination reflected in next month’s results.”
(Editor’s Note: This story was provided by the Office of Management and Enterprise Services (OMES) with minor edits for style.)
