Oklahoma revenue collections keep rising, set record

Published: May 3, 2013
Advertisement
;

OKLAHOMA CITY (AP) — Oklahoma Treasurer Ken Miller says overall collections to the state treasury are continuing to rise and set an all-time monthly record last month.

Figures released by Miller's office on Friday show gross collections in April totaled nearly $1.27 billion, topping the previous monthly record of $1.16 billion set in December 2008.

While Miller acknowledges the spike was driven largely by an increase in estimated personal and corporate tax collections, including three large corporate payments totaling $30 million, he says the numbers still are good economic news.

Income tax collections were the primary driver of the April figures, showing an increase of more than $100 million from April 2012.

April sales tax collections were up about 3 percent, while gross production and motor vehicle collections were down.



Trending Now


AROUND THE WEB

  1. 1
    The 19th-century health scare that told women to worry about "bicycle face"
  2. 2
    Sex Valley: Tech's booming prostitution trade
  3. 3
    Colorado Is Consuming Way More Pot Than Anyone Ever Believed
  4. 4
    What Dan Gilbert said to LeBron James to get him to return to Cleveland
  5. 5
    Female Yahoo Exec Sued By a Female Employee for Sexual Harassment
+ show more