state tax

Most state tax receipts in FY ’20 fell short

Most state tax receipts in FY ’20 fell short

Most state tax receipts in FY ’20 fell short

OKLAHOMA CITY – Total state tax collections for Fiscal Year 2020 were $6.27 billion, which was $716.1 million (10.2%) below the fiscal year estimate and $586.8 million (8.6%) below prior year collections, the state Office of Management and Enterprise Services (OMES) reported.