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Revenues and Expenditures

Revenues and Expenditures

Revenues and Expenditures

Refers to the efforts that the State of Oklahoma is making to ensure fiscal responsibility through the efficient estimation, collection, and apportionment of revenues as well as the proper monitoring of budget execution. 

$173.6M
Annual Expenses to Date
Fiscal Year Budget by Funding Source
Agencies Contributing Budget

General Revenue Estimate Accuracy

Maintain accurate general revenue estimates to ensure collections between 97% and 103% of the final annual estimate every year through 2018.

• Today: 
90.58%
• Target: 
97% - 103%

Tax Collections to General Revenue Fund

Increase the portion of tax collections that are distributed into the General Revenue Fund from 46.7% in 2014 to 48% by 2018.

• Today: 
45.3%
• Target: 
48%

Tax Return Error Rate

Decrease the percentage of income tax returns rejected due to error from 3.7% in 2013 to 2% by 2018.

• Today: 
2.59%
• Target: 
2.00%

Tax Delinquency Rate

Decrease the tax delinquency rate from 9.77% in 2013 to 3.00% by 2018.

• Today: 
9.77%
• Target: 
3.00%