July GRF collections exceed estimate at start of new fiscal year - Oklahoma Farm Report

July GRF Collections Start Fiscal Year Above Estimate

July brought $608.5 million to the state’s General Revenue Fund. The first deposit of the new fiscal year into the fund the Oklahoma Legislature uses to appropriate money through the state budget was above estimates, but below last year’s collections. The deposit was 4.5%, or $26.3 million, above what was estimated. However, it was 1.9% below July 2024 collections. “As we begin a new fiscal year, Oklahoma’s general revenue collections are off to

July GRF collections exceed estimate at start of new fiscal year - Oklahoma Farm Report

General Revenue Fund collections in July – the first month of fiscal year 2026 – totaled $608.5 million, which is $26.3 million, or 4.5%, above the monthly estimate. This total is also $11.6 million, or 1.9%, below collections from July 2024. “As we begin a new fiscal year, Oklahoma’s general revenue collections are off to a strong start,” said State Chief Operating Officer and OMES Director Rick Rose. “In July 2024, the impact of the grocery ta…