Articles
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Budget & Tax, Good Government
The opportunity cost of Oklahoma’s corporate welfare
Oklahoma lost $152 million in 2017 from corporate incentives and could reduce its total overall tax burden by 2.7 percent if it ended all corporate welfare programs.Curtis Shelton | March 4, 2019
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Budget & Tax
Energy price declines yet to impact state collections
The decline in oil and gas prices have yet to impact state collections, but gross production numbers will most likely decline in the next few months.Curtis Shelton | February 26, 2019
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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
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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
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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
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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
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Budget & Tax
State budget primer: Terms you need to know
With the 2019 legislative session upon us, the state budget discussion will soon move to the forefront. To better help you understand that discussion, OCPA has put together a few definitions of terms you are likely to hear throughout the session.Curtis Shelton | February 1, 2019
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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
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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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Budget & Tax
How money walks
When people move between states, their income moves, too. This affects state economies and tax revenue. And the effects compound over time. Some states win big, others are big losers.Jonathan Small | January 10, 2019