October GRF collections total $715.3 million

OKLAHOMA CITY —General Revenue Fund collections in October totaled $715.3 million, which is $112.1 million, or 18.6%, above the monthly estimate. This is $103.9 million, or 17.0%, above collections in October 2021. Total GRF collections for the first four months of fiscal year 2023 are $2.9 billion, which is $622.3 million, or 27.5%, above the estimate, and $496.7 million, or 20.8%, above prior year collections for the same period.

“We continue to be encouraged by the upward trend of revenue collections that indicates the strength of Oklahoma’s economy,” said state Chief Operating Officer and OMES Interim Director John Suter. “Oklahoma has outperformed expectations across several key revenue sources and remains fiscally strong.”

Revenue tables are available on the OMES website.