State collects more money in October

OKLAHOMA CITY (AP) -- State finance officials say Oklahoma collected more revenue than expected in October and collections are above year-ago levels.<br/><br/>State Treasurer Scott Meacham says the increase

Tuesday, November 15th 2005, 5:47 pm

By: News On 6

OKLAHOMA CITY (AP) -- State finance officials say Oklahoma collected more revenue than expected in October and collections are above year-ago levels.

State Treasurer Scott Meacham says the increase is due largely to strong income tax collections.

Meacham says the state collected just more than $427.5-million -- $29-million more than October 2004 and nearly $17-million above the official forecast.

Meacham says the increasing revenue shows the state's economy is healthy.