June 2022 Financial Data Tables
End of FY-22 Savings (in millions)
| Account | Amount |
|---|---|
| FY-22 General Revenue Cash | $964* |
| FY-21 General Revenue Cash | $382 |
| Rainy Day Fund | $1,051 |
| Revenue Stabilization Fund | $171 |
| FMAP | $197 |
| Total | $2,765 |
*after $698 LEAD Transfer
Income Tax Comparisons with Prior Year (Month)
| MONTHLY cOMPARISON | SUMMARY june 2022 VARIANCE FROM PRIOR YEAR |
|||
| FY-2021 Actual | FY-2022 Actual | |||
| June 2021 | June 2022 | $ | % | |
| Taxes | ||||
| Income - Individual | $371,648,653.57 | $308,276,268.54 | -$63,372,385.03 | -17.1% |
| Income - Corporate | $106,508,834.87 | $75,838,314.88 | -$30,670,519.99 | -28.8% |
| Total | $478,157,488.44 | $384,114,583.42 | -$94,042,905.02 | -19.7% |
Details may not sum due to rounding
Income Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 12-Month YEAR-TO-DATE |
SUMMARY June 2022 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY-2021 Actual | FY-2022 Actual | |||
| Through June 2021 | Through June 2022 | $ | % | |
| Taxes | ||||
| Income - Individual | $2,886,695,307.92 | $3,214,581,706.76 | $327,886,398.84 | 11.4% |
| Income - Corporate | $452,137,847.78 | $527,114,967.84 | $74,977,120.06 | 16.6% |
| Total | $3,338,833,155.70 | $3,741,696,674.60 | $402,863,518.90 | 12.1% |
Details may not sum due to rounding
Income Tax Comparisons with Estimate (Month)
| MONTHLY cOMPARISON | SUMMARY June 2022 VARIANCE FROM OMES ESTIMATE |
|||
| FY-2022 Estimate | FY-2022 Actual | |||
| June 2022 | June 2022 | $ | % | |
| Taxes | ||||
| Income - Individual | $209,877,671.04 | $308,276,268.54 | $98,398,597.50 | 46.9% |
| Income - Corporate | $30,228,856.01 | $75,838,314.88 | $45,609,458.87 | 150.9% |
| Total | $240,106,527.05 | $384,114,583.42 | $144,008,056.37 | 60.0% |
Details may not sum due to rounding
Income Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 12-Month YEAR-TO-DATE |
SUMMARY June 2022 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY-2022 Estimate | FY-2022 Actual | |||
| Through June 2022 | Through June 2022 | $ | % | |
| Taxes | ||||
| Income - Individual | $2,646,863,721.02 | $3,214,581,706.76 | $567,717,985.74 | 21.4% |
| Income - Corporate | $208,926,050.00 | $527,114,967.84 | $318,188,917.84 | 152.3% |
| Total | $2,855,789,771.02 | $3,741,696,674.60 | $885,906,903.58 | 31.0% |
Gross Production Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON |
SUMMARY June 2022 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY-2021 Actual | FY-2022 Actual | |||
| June 2021 | June 2022 | $ | % | |
| Taxes | ||||
| GP - Gas | $27,141,334.42 | $74,144,920.43 | $47,003,586.01 | 173.2% |
| GP - Oil | $34,250,473.50 | $63,192,657.57 | $28,942,184.07 | 84.5% |
| Total | $61,391,807.92 | $137,337,578.00 | $75,945,770.08 | 123.7% |
Gross Production Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 12-Month YEAR-TO-DATE |
SUMMARY June 2022 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY-2021 Actual | FY-2022 Actual | |||
| Through June 2021 | Through June 2022 | $ | % | |
| Taxes | ||||
| GP - Gas | $281,945,361.42 | $668,309,138.64 | $386,363,777.22 | 137.0% |
| GP - Oil | $136,654,275.54 | $406,414,059.17 | $269,759,783.63 | 197.4% |
| Total | $418,599,636.96 | $1,074,723,197.81 | $656,123,560.85 | 156.7% |
Details may not sum due to rounding
Gross Production Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON |
SUMMARY June 2022 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY-2022 Estimate | FY-2022 Actual | |||
| June 2022 | June 2022 | $ | % | |
| Taxes | ||||
| GP - Gas | $21,370,412.19 | $74,144,920.43 | $52,774,508.24 | 247.0% |
| GP - Oil | $28,646,467.26 | $63,192,657.57 | $34,546,190.31 | 120.6% |
| Total | $50,016,879.45 | $137,337,578.00 | $87,320,698.55 | 174.6% |
Details may not sum due to rounding
Gross Production Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 12-Month YEAR-TO-DATE |
SUMMARY June 2022 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY-2022 Estimate | FY-2022 Actual | |||
| Through June 2022 | Through June 2022 | $ | % | |
| Taxes | ||||
| GP - Gas | $318,144,000.00 | $668,309,138.64 | $350,165,138.64 | 110.1% |
| GP - Oil | $211,370,000.00 | $406,414,059.17 | $195,044,059.17 | 92.3% |
| Total | $529,514,000.00 | $1,074,723,197.81 | $545,209,197.81 | 103.0% |
Details may not sum due to rounding
Chart 1
General Revenue Comparisons with Prior Year (Month)
| PRELIMINARY (In $ millions) | MONTHLY COMPARISON |
SUMMARY June 2022 Variance from Prior Year |
||
|---|---|---|---|---|
| FY-2021 Actual | FY-2022 Actual | |||
| June 2021 | June 2022 | $ | % | |
| Net Income Tax | $478.2 | $384.1 | -$94.0 | -19.7% |
| Gross Production | $61.4 | $137.3 | $75.9 | 123.7% |
| Sales Tax | $204.1 | $223.4 | $19.3 | 9.4% |
| Use Tax | $24.0 | $36.7 | $12.7 | 53.1% |
| Subtotal: Major Taxes | $767.7 | $781.6 | $13.9 | 1.8% |
| Other Sources (1) | $96.7 | $126.5 | $29.8 | 30.8% |
| TOTAL GEN REVENUE | $864.4 | $908.1 | $43.8 | 5.1% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $864.4 | $908.1 | $43.8 | 5.1% |
(1) Other sources revenue estimated pending final accounting
(2) Recurring revenue after subtracting one-time funds
Details may not sum due to rounding
General Revenue Comparisons with Prior Year (Fiscal Year-to-Date)
| PRELIMINARY(In $ millions) | 12-Month YEAR-TO-DATE |
SUMMARY June 2022 Variance from Prior Year |
||
|---|---|---|---|---|
| FY-2021 Actual | FY-2022 Actual | |||
| Through June 2021 | Through June 2022 | $ | % | |
| Net Income Tax | $3,338.8 | $3,741.7 | $402.9 | 12.1% |
| Gross Production | $418.6 | $1,074.7 | $656.1 | 156.7% |
| Sales Tax | $2,196.7 | $2,495.2 | $298.5 | 13.6% |
| Use Tax | $370.0 | $438.0 | $68.0 | 18.4% |
| Subtotal: Major Taxes | $6,324.1 | $7,749.6 | $1,425.5 | 22.5% |
| Other Sources (1) | $683.6 | $770.2 | $86.6 | 12.7% |
| TOTAL GEN REVENUE | $7,007.7 | $8,519.9 | $1,512.1 | 21.6% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $7,007.7 | $8,519.9 | $1,512.1 | 21.6% |
(1) Other sources revenue estimated pending final accounting
(2) Recurring revenue after subtracting one-time funds
Details may not sum due to rounding
Chart 2
General Revenue Comparisons with Estimate (Month)
| PRELIMINARY(In $ millions) | MONTHLY COMPARISON |
SUMMARY June 2022 Variance from OMES Estimate |
||
|---|---|---|---|---|
| FY-2022 Estimate | FY-2022 Actual | |||
| June 2022 | June 2022 | $ | % | |
| Net Income Tax | $240.1 | $384.1 | $144.0 | 60.0% |
| Gross Production | $50.0 | $137.3 | $87.3 | 174.6% |
| Sales Tax | $196.4 | $223.4 | $27.0 | 13.7% |
| Use Tax | $29.3 | $36.7 | $7.4 | 25.2% |
| Subtotal: Major Taxes | $515.9 | $781.6 | $265.7 | 51.5% |
| Other Sources (1) | $79.1 | $126.5 | $47.4 | 59.9% |
| TOTAL GEN REVENUE | $595.0 | $908.1 | $313.1 | 52.6% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $595.0 | $908.1 | $313.1 | 52.6% |
(1) Other sources revenue estimated pending final accounting
(2) Recurring revenue after subtracting one-time funds
Details may not sum dut to rounding
General Revenue Comparisons with Estimate (Fiscal Year-to-Date)
| 12-Month YEAR-TO-DATE |
SUMMARY June 2022 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY-2022 Estimate | FY-2022 Actual | |||
| Through June 2022 | Through June 2022 | $ | % | |
| Net Income Tax | $2,855.8 | $3,741.7 | $885.9 | 31.0% |
| Gross Production | $529.5 | $1,074.7 | $545.2 | 103.0% |
| Sales Tax | $2,164.1 | $2,495.2 | $331.2 | 15.3% |
| Use Tax | $385.1 | $438.0 | $52.9 | 13.7% |
| Subtotal: Major Taxes | $5,934.4 | $7,749.6 | $1,815.2 | 30.6% |
| Other Sources (1) | $707.9 | $770.2 | $62.4 | 8.8% |
| TOTAL GEN REVENUE | $6,642.3 | $8,519.9 | $1,877.6 | 28.3% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $6,642.3 | $8,519.9 | $1,877.6 | 28.3% |
(1) Other sources revenue estimated pending final accounting
(2) Recurring revenue after subtracting one-time funds
Details may not sum due to rounding
