Budget Briefing: Weak Oil and Gas Revenues Smother August Tax Collections

Oklahoma’s Tax Collections Slowed in August – “Overall collections to the state’s general revenue fund have been diminished by low energy prices in the final months of the last fiscal year, plus refunds made to energy companies during the first two months of this fiscal year, said Preston Doerflinger, who serves as finance secretary on Gov. Mary Fallin’s Cabinet.” NewsOK.com

Oklahoma Lawmakers Put Tax Incentives Under Fire Again – “Tax credits are some of the biggest sacred cows in Oklahoma, as we learned last spring,” he told the panel. “And it is time for this committee to begin slaying some sacred cows.” Tulsa World

More Funding is Needed to Reach College Completion Goals, Higher Education Official Says – “Oklahoma’s top higher education official said he’s optimistic about the state’s college completion goals — but only if lawmakers find money to get the job done.” NewsOK.com