State Revenue Collections Drop
OKLAHOMA CITY (AP) -- State revenue collections for October fell in three of four major categories. A report released on Tuesday by state Treasurer Scott Meacham shows the state collected $30.3 millionTuesday, November 13th 2007, 3:10 pm
By:
News On 6
OKLAHOMA CITY (AP) -- State revenue collections for October fell in three of four major categories. A report released on Tuesday by state Treasurer Scott Meacham shows the state collected $30.3 million less in October this year than in October 2006.
The collections are also $16.6 million less than the official estimate which is used to build the state budget.
Treasurer Scott Meacham says individual and corporate income taxes fell by more than $23.5 million, sales taxes are down about $400,000 and the tax on natural gas fell by $7 million.
The tax on sales and licensing of motor vehicles rose by $3.7 million.
Get The Daily Update!
Be among the first to get breaking news, weather, and general news updates from News on 6 delivered right to your inbox!
More Like This
November 13th, 2007
September 29th, 2024
September 17th, 2024
Top Headlines
December 12th, 2024
December 12th, 2024
December 12th, 2024
