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April revenue collections set records in Southwest states as a strong economy and inflation boosted income and sales tax collections, although some officials are urging caution.
The most important part of the legislative session is still a work in progress. With three weeks left before the Legislature adjourns Sine Die, budget negotiators are moving closer to finalizing the state budget and appropriations for the next fiscal year.
Gross Receipts to the Treasury in April surged to a record high driven by income tax payments, but other indicators point to a cautionary outlook, State Treasurer Randy McDaniel announced
Gov. Kevin Stitt, who ran as a political outsider in 2018, will file for reelection this week along with hundreds of other Oklahomans seeking office.
Oklahoma State Treasurer Randy McDaniel urged caution Wednesday despite a record month for revenue collections in the state.