<br>(Oklahoma City-AP) -- State tax collections increased by more than 15 percent during the first quarter of the fiscal year, but a state official is warning that the economy is still fragile. <br><br>The
Wednesday, October 15th 2003, 12:00 am
By: News On 6
(Oklahoma City-AP) -- State tax collections increased by more than 15 percent during the first quarter of the fiscal year, but a state official is warning that the economy is still fragile.
The state collected one-point-one (b) billion dollars in taxes during the three months ending September 30th. That's an increase of 15-point-two percent over one year ago.
Office of State Finance director Scott Meacham says it appears Oklahoma's economy is starting to recover. But Meacham says a negative shock could slow or even reverse the recovery.
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!