Budget & Tax

Lower oil prices hit January 2019 economic growth

While still growing, state revenues are feeling the effects of lower oil prices.

Curtis Shelton
February 15, 2019
Budget & Tax

State budget primer: Agencies and their appropriations

According to the latest available data, apportions accounted for 39 percent of total state spending in fiscal year 2018 at $7.5 billion. It is not the whole picture, however. Oklahoma’s total state budget is in fact nearly $18 billion.

Curtis Shelton
February 14, 2019
Budget & Tax

State budget primer: Context for the budget debate

When examining the state budget, we must look at past budget numbers to provide context for the debate.

Curtis Shelton
February 13, 2019
Budget & Tax

Gov. Stitt’s budget is the most transparent in years

By including total state spending and not just appropriations, Gov. Stitt’s budget is the most transparent in years. It is encouraging to see the new governor take a holistic approach to the state’s budget.

Curtis Shelton
February 12, 2019
Budget & Tax

Report shows tremendous revenue collections before 2019 legislative session

Total Gross Receipts collected in December 2018 were $1.15 billion—an increase of 11.8 percent, or $135 million, from the same month in the prior year. The General Revenue Fund (GRF) grew 21.1 percent from the previous year, coming in at $621 million. These are record-breaking numbers heading into the 2019 legislative session.

Curtis Shelton
January 29, 2019
Budget & Tax

How money walks: Tennessee

Tennessee has seen $14.31 billion of annual adjusted gross income move into the state from 1992 to 2016.

Curtis Shelton
January 16, 2019
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