Collections available to fund state government were 1.4% below projections during the first two months of fiscal year 2027.
OKLAHOMA CITY — Revenue available to fund Oklahoma state government totaled $1.12 billion through August, running 1.4% below the estimate for the first two months of fiscal year 2027.
The Office of Management and Enterprise Services reported Tuesday that August General Revenue Fund collections totaled $604.4 million. That was $7.8 million, or 1.3%, below the monthly estimate but $5.3 million, or 0.9%, more than the state collected in August 2025.
The state Constitution limits appropriations to 95% of projected revenue, creating a 5% cushion against collection shortfalls. That means a 1.4% gap at this point in the budget year is not a problem for agency funding.
“Collections remain generally in line with expectations for the early months of the new fiscal year,” OMES Director Mark Wood said. He said timing and fluctuations in corporate income tax collections affected some categories, while several major revenue sources performed well.
Through August, income tax and gross production tax collections were below estimates. Stronger use tax collections and revenue from other sources offset much of those shortfalls. Sales tax collections were nearly even with the estimate.
The General Revenue Fund is the state’s primary source of money for annual legislative appropriations. Its collections represent revenue remaining after refunds, rebates and other mandatory distributions, including portions of sales and use tax collections allocated to local governments.
