OKLAHOMA CITY (AP) -
Oklahoma finance officials say solid revenue collections last month
provide further evidence that the state's economy is continuing to
improve.
Figures released on Tuesday
by the Office of State Finance show collections to the state's general
revenue fund in October totaled $439 million - nearly 10% more than the
official estimate. Collections were also more than 7% higher than those
from October of 201.
The state's general revenue fund is the primary operating fund for state government.
October's figures show
increases in all but one major category of tax collections - the
exception being gross production taxes on natural gas, which was down
nearly 85% from October 2011.
Overall corporate and individual income tax collections were up more than 22% from last year's collections.
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