KGOU

A Billion Dollar Month For State Government

Oct 6, 2014

State government made a lot of money in the month of September.  State Treasurer Ken Miller reports gross receipts topped $1 billion which set a new record. 

That is more than 8% above what the state brought in for the same month a year ago and Treasurer Miller says it, "indicates healthy (economic) expansion in Oklahoma."

All revenue streams showed growth last month, the weakest was corporate income taxes which managed only a 2-percent increase.  For the last 12 months only corporate income taxes have shrunk, that income is down by almost 11-percent.

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