KTOK TOP STORIES

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2018 State Tax Revenue "Finishes Strong"

State Treasurer Randy McDaniel says Oklahoma's economy has been performing admirably. He says Gross Receipts to the Treasury totaled $13 billion dollars last year, an increase of $1.5 billion from 2017. Gross production tax revenue increased by 84 percent. "Gross receipts have improved significantly, while unemployment remains low," McDaniel said. "These and other economic indicators point to a favorable outlook for the state, but could be restrained by the downturn in energy prices, global trade uncertainty, and stock market volatility."


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