November 2022 Financial Data Tables

Income Tax Comparisons with Prior Year (Month)

	MONTHLY cOMPARISON		SUMMARY November 2022 VARIANCE FROM PRIOR YEAR
	FY 2022 Actual	FY 2023 Actual	SUMMARY November 2022 VARIANCE FROM PRIOR YEAR
	November 2021	November 2022	$	%
*Taxes*
Income - Individual	$213,841,442.75	$245,487,620.32	$31,646,177.57	14.8%
Income - Corporate	$2,974,122.99	$66,566.26	-$2,907,556.73	-97.8%

Total	$216,815,565.74	$245,554,186.58	$28,738,620.84	13.3%

Details may not sum due to rounding

Income Tax Comparisons with Prior Year (Fiscal Year-to-Date)

*Taxes*
	5-Month YEAR-TO-DATE		SUMMARY November 2022 Variance from Prior Year
	FY 2022 Actual	FY 2023 Actual	SUMMARY November 2022 Variance from Prior Year
	Through November 2021	Through November 2022	$	%
Income - Individual	$1,171,644,693.84	$1,370,597,183.38	$198,952,489.54	17.0%
Income - Corporate	$114,981,740.32	$186,665,383.90	$71,683,643.58	62.3%

Total	$1,286,626,434.16	$1,557,262,567.28	$270,636,133.12	21.0%

Details may not sum due to rounding

Income Tax Comparisons with Estimate (Month)

	MONTHLY cOMPARISON		SUMMARY November 2022 VARIANCE FROM OMES ESTIMATE
	FY 2023 Estimate	FY 2023 Actual	SUMMARY November 2022 VARIANCE FROM OMES ESTIMATE
	November 2022	November 2022	$	%
*Taxes*
Income - Individual	$181,522,271.09	$245,487,620.32	$63,965,349.23	35.2%
Income - Corporate	$1,573,608.01	$66,566.26	-$1,507,041.75	-95.8%

Total	$183,095,879.10	$245,554,186.58	$62,458,307.48	34.1%

Details may not sum due to rounding

Income Tax Comparisons with Estimate (Fiscal Year-to-Date)

Details may not sum due to rounding
*Taxes*
	5-Month YEAR-TO-DATE		SUMMARY November 2022 Variance from OMES Estimate
	FY 2023 Estimate	FY 2023 Actual	SUMMARY November 2022 Variance from OMES Estimate
	Through November 2022	Through November 2022	$	%
Income - Individual	$1,101,595,241.42	$1,370,597,183.38	$269,001,941.96	24.4%
Income - Corporate	$60,836,821.03	$186,665,383.90	$125,828,562.87	206.8%

Total	$1,162,432,062.45	$1,557,262,567.28	$394,830,504.83	34.0%

Gross Production Tax Comparisons with Prior Year (Month)

**Details may not sum due to rounding**

***Note:** In September, revenue from the Gross Production Tax on Gas met the 5-year moving average cap established by the Board of Equalization. Per 62 OK Stat § 62-34.102, October collections from the Gross Production Tax on Gas are being apportioned to the state Revenue Stabilization Fund instead of General Revenue.
*Taxes*
	MONTHLY COMPARISON		SUMMARY November 2022 Variance from Prior Year
	FY 2022 Actual	FY 2023 Actual	SUMMARY November 2022 Variance from Prior Year
	November 2021	November 2022	$	%
GP - Gas	$51,385,389.62	-	-$51,385,389.62	-100.0%
GP - Oil	$40,385,452.02	$30,612,950.88	-$9,772,501.14	-24.2%

Total	$91,770,841.64	$30,612,950.88	-$61,157,890.76	-66.6%

Gross Production Tax Comparisons with Prior Year (Fiscal Year-to-Date)

*Taxes*
	5-Month YEAR-TO-DATE		SUMMARY November 2022 Variance from Prior Year
	FY 2022 Actual	FY 2023 Actual	SUMMARY November 2022 Variance from Prior Year
	Through November 2021	Through November 2022	$	%
GP - Gas	$211,878,989.94	$240,760,051.00	$28,881,061.06	13.6%
GP - Oil	$46,891,031.96	$125,930,558.82	$79,039,526.86	168.6%

Total	$258,770,021.90	$366,690.82	$107,920,587.92	41.7%

Details may not sum due to rounding

Gross Production Tax Comparisons with Estimate (Month)

*Taxes*
	MONTHLY COMPARISON		SUMMARY November 2022 Variance from OMES Estimate
	FY 2023 Estimate	FY 2023 Actual	SUMMARY November 2022 Variance from OMES Estimate
	November 2022	November 2022	$	%
GP - Gas	$32,690228.60	-	-$32690,228.60	-100.0%
GP - Oil	$35,932,865.59	$30,612,950.88	-$5,319,914.71	-14.8%

Total	$68,623,094.19	$30,612,950.88	-$38,010,143.31	-55.4%

Details may not sum due to rounding

Gross Production Tax Comparisons with Estimate (Fiscal Year-to-Date)

*Taxes*
	5-Month YEAR-TO-DATE		SUMMARY November 2022 Variance from OMES Estimate
	FY 2023 Estimate	FY 2023 Actual	SUMMARY November 2022 Variance from OMES Estimate
	Through November 2022	Through November 2022	$	%
GP - Gas	$134,756654.72	$240,760,051.00	$106,003,396.28	78.7%
GP - Oil	$41,721,190.79	$125,930,658.82	$84,209,368.03	201.8%

Total	$176,477,845.51	$336,077,658.94	$190,212,764.31	107.8%

Details may not sum due to rounding

Chart 1

General Revenue Comparisons with Prior Year (Month)

	November 2021	November 2022	$	%
PRELIMINARY (In $ millions)	MONTHLY COMPARISON		SUMMARY November 2022 Variance from Prior Year
	FY 2022 Actual	FY 2023 Actual	SUMMARY November 2022 Variance from Prior Year
Net Income Tax	$216.8	$245.6	$28.7	13.3%
Gross Production	$91.8	$30.6	-$61.2	-66.6%
Sales Tax	$203.2	$222.3	$19.1	9.4%
Use Tax	$35.2	$41.5	$6.2	17.7%
Subtotal: Major Taxes	$547.0	$539.9	-$7.1	-1.3%
Other Sources (1)	$53.7	$62.7	$9.0	16.8%
TOTAL GEN REVENUE	$600.7	$602.6	$1.9	0.3%
Less 1-Time Receipts	$0.0	$0.0	$0.0	0.0%
Recurring Rev. (2)	$600.7	$602.6	$1.9	0.3%

(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)

	Through November 2021	Through November 2022	$	%
PRELIMINARY(In $ millions)	5-Month YEAR-TO-DATE		SUMMARY November 2022 Variance from Prior Year
	FY 2022 Actual	FY 2023 Actual	SUMMARY November 2022 Variance from Prior Year
Net Income Tax	$1,286.6	$1,557.3	$270.6	21.0%
Gross Production	$258.8	$336.7	$107.9	41.7%
Sales Tax	$1,018.6	$1,095.4	$76.9	7.5%
Use Tax	$168.9	$194.8	$25.9	15.4%
Subtotal: Major Taxes	$2,732.9	$3,214.2	$481.3	17.6%
Other Sources (1)	$254.5	$271.8	$17.3	6.8%
TOTAL GEN REVENUE	$2,987.4	$3,486.0	$498.6	16.7%
Less 1-Time Receipts	$0.0	$0.0	$0.0	0.0%
Recurring Rev. (2)	$2,987.4	$3,486.0	$498.6	16.7%

(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)

	November 2022	November 2022	$	%
PRELIMINARY (In $ millions)	MONTHLY COMPARISON		SUMMARY November 2022 Variance from OMES Estimate
	FY 2023 Estimate	FY 2023 Actual	SUMMARY November 2022 Variance from OMES Estimate
Net Income Tax	$181.3	$245.6	$62.5	34.1%
Gross Production	$68.6	$30.6	-$38.0	-55.4%
Sales Tax	$198.4	$222.3	$23.9	12.0%
Use Tax	$40.0	$41.5	$1.5	3.6%
Subtotal: Major Taxes	$490.1	$539.9	$49.8	10.2%
Other Sources (1)	$51.5	$62.7	$11.2	21.7%
TOTAL GEN REVENUE	$541.7	$602.6	$60.9	11.2%
Less 1-Time Receipts	$0.0	$0.0	$0.0	0.0%
Recurring Rev. (2)	$541.7	$602.6	$60.9	11.2%

(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)

	5-Month YEAR-TO-DATE		SUMMARY November 2022 Variance from OMES Estimate
	FY 2023 Estimate	FY 2023 Actual	SUMMARY November 2022 Variance from OMES Estimate
	Through November 2022	Through November 2022	$	%
Net Income Tax	$1,162.4	$1,557.3	$394.8	34.0%
Gross Production	$176.5	$336.7	$190.2	107.8%
Sales Tax	$1,008.4	$1,095.4	$87.0	8.6%
Use Tax	$190.3	$194.8	$4.5	2.4%
Subtotal: Major Taxes	$2,537.6	$3,214.2	$676.6	26.7%
Other Sources (1)	$265.1	$271.8	$6.6	2.5%
TOTAL GEN REVENUE	$2,802.7	$3,486.0	$683.2	24.4%
Less 1-Time Receipts	$0.0	$0.0	$0.0	0.0%
Recurring Rev. (2)	$2,802.7	$3,486.0	$683.2	24.4%

(1) Other sources revenue estimated pending final accounting
(2) Recurring revenue after subtracting one-time funds
Details may not sum due to rounding

Last Modified on Dec 16, 2022