KCCU News
Oklahoma Revenue Up, Led by Sales Taxes
The monthly state revenue report was released yesterday, showing total general revenue collections were up about 11 percent in August over the same month a year ago.
State Treasurer Scott Meacham said a 17 percent increase in sales taxes indicate Oklahoma's economy remains healthy, even during a national economic downturn.
Gross production taxes are up 69 percent over last year, reflecting higher natural gas prices.
The increase in the two tax categories more than made up for a 4.6 percent decline in total individual and corporate income taxes. © Copyright 2009, kccu-fm
(2008-09-10)
OKLAHOMA CITY, OK
(kccu-fm) -
Collections of state sales taxes and gross production on natural gas showed a big jump in August. The monthly state revenue report was released yesterday, showing total general revenue collections were up about 11 percent in August over the same month a year ago.
State Treasurer Scott Meacham said a 17 percent increase in sales taxes indicate Oklahoma's economy remains healthy, even during a national economic downturn.
Gross production taxes are up 69 percent over last year, reflecting higher natural gas prices.
The increase in the two tax categories more than made up for a 4.6 percent decline in total individual and corporate income taxes. © Copyright 2009, kccu-fm

