Oklahoma begins new fiscal year with increase in tax revenues

Oklahoma’s recovery from the national recession is more broad-based than just energy, state finance official says.

 
BY MICHAEL MCNUTT | Published: August 15, 2012   

Oklahoma began its new fiscal year with positive revenue growth as three of the four major revenue sources showed gains in July, state finance officials said Tuesday.

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“Weakness in energy prices, plus rebates, led to a reduction in the rate of growth in total collections, but we made up for that in other areas as consumer confidence remained high,” state...
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