![A look at August 2018 gross receipts](https://oklahoma-council.transforms.svdcdn.com/production/assets/img/AdobeStock_63977686.jpeg?w=768&auto=compress%2Cformat&fit=crop&dm=1644340621&s=2975e288ca64631f1b909565a80945f8)
Budget & Tax
Curtis Shelton | September 10, 2018
A look at August 2018 gross receipts
Curtis Shelton
The Oklahoma Treasurer released the monthly report for August’s revenue collections. The report shows Total Gross Receipts collected in August were $995.1 million—a 13.1%, or $115.4 million, increase for the same month from the prior year.
![Fiscal Year 2018 vs Fiscal Year 2019 Total Gross Receipts Fiscal Year 2018 vs Fiscal Year 2019 Total Gross Receipts](https://oklahoma-council.transforms.svdcdn.com/production/assets/img/Fiscal-Year-2018-vs-Fiscal-Year-2019-Total-Gross-Receipts.jpg?w=1868&h=593&auto=compress%2Cformat&fit=crop&dm=1644340971&s=2e2b57fd6571c361f4ba6b45babf4432)
Revenue from legislative changes made during the 2018 session took effect for the first time this month. These changes amounted to $18.3 million, or 16%, of the total growth for the month. The $1 increase in a pack of cigarettes brought in the largest amount of new revenue at $8.3 million, while the six-cent increase in the diesel fuel tax brought in the smallest amount at $4.9 million.
![](https://oklahoma-council.transforms.svdcdn.com/production/assets/img/Change-in-Gross-Receipts-Legislative-Changes-vs-Economic-Growth.jpg?w=1866&h=721&auto=compress%2Cformat&fit=crop&dm=1644340289&s=4c58b70403420a43d7ce7703d5c2cd61)
Of the four major tax sources, the gross production tax saw the largest percentage increase year-to-year at 64.3%. Oklahoma Treasurer Ken Miller noted this increase is not attributable to the increase from 3% to 5% in the gross production tax as it has yet to generate additional revenue. The motor vehicle tax saw the smallest increase at 1.3%.
![Curtis Shelton Policy Research Fellow](https://oklahoma-council.transforms.svdcdn.com/production/assets/img/Author-Headshots-05.png?w=300&auto=compress%2Cformat&fit=crop&dm=1644340332&s=96cc21b17ec933317ee1f51adaa06be7)
Curtis Shelton
Policy Research Fellow
Curtis Shelton currently serves as a policy research fellow for OCPA with a focus on fiscal policy. Curtis graduated Oklahoma State University in 2016 with a Bachelors of Arts in Finance. Previously, he served as a summer intern at OCPA and spent time as a staff accountant for Sutherland Global Services.