“Gross collections for August are almost 3 percent below August of last year,” Miller said. “Collections on oil and natural gas production are about 54 percent lower for the month, while sales tax collections are up by more than 10 percent.”
OKLAHOMA CITY – Mixed signals in state revenue growth present a skewed picture of the economy, state Treasurer Ken Miller said Thursday. Revenue receipts to the Oklahoma Treasury have declined for the third time in six months, Miller said. Gross energy tax collections have dropped for 10 of the past 12 months.
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