February 2024 Financial Data Tables
Income Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON | SUMMARY February 2024 VARIANCE FROM PRIOR YEAR | |||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| February 2023 | February 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $114,973,182.58 | $105,082,167.86 | -$9,891,014.72 | -8.6% |
| Income - Corporate | $7,586,794.91 | $1,867,976.45 | -$5,718,818.46 | -75.4% |
| Total | $122,559,977.49 | $106,950,144.31 | -$15,609,833.18 | -12.7% |
Details may not sum due to rounding.
Income Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 8-Month YEAR-TO-DATE | SUMMARY February 2024 Variance from Prior Year | |||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| Through February 2023 | Through February 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $2,111,434,487.90 | $2,060,653,328.31 | -$50,781,159.59 | -2.4% |
| Income - Corporate | $253,013,460.37 | $230,258,910.67 | -$22,754,549.70 | -9.0% |
| Total | $2,364,447,948.27 | $2,290,912,238.98 | -$73,535,709.29 | -3.1% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON | SUMMARY February 2024 VARIANCE FROM OMES ESTIMATE | |||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| February 2024 | February 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $94,957,143.41 | $105,082,167.86 | $10,125,024.45 | 10.7% |
| Income - Corporate | $2,421,897.54 | $1,867,976.45 | -$553,921.09 | -22.9% |
| Total | $97,379,040.95 | $106,950,144.31 | $9,571,103.36 | 9.8% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 8-Month YEAR-TO-DATE | SUMMARY February 2024 Variance from OMES Estimate | |||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| Through February 2024 | Through February 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $2,086,365,983.29 | $2,060,653,328.31 | -$25,712,654.98 | -1.2% |
| Income - Corporate | $167,900,118.82 | $230,258,910.67 | $62,358,791.85 | 37.1% |
| Total | $2,254,266,102.10 | $2,290,912,238.98 | $36,646,136.88 | 1.6% |
Gross Production Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON | SUMMARY February 2024 Variance from Prior Year | |||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| February 2023 | February 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $59,097,989.81 | $28,478,982.44 | -$30,619,007.37 | -51.8% |
| GP - Oil | $41,572,461.26 | $46,829,683.19 | $5,257,221.93 | 12.6% |
| Total | $100,670,451.07 | $75,308,665.63 | -$25,361,785.44 | -25.2% |
Gross Production Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 8-Month YEAR-TO-DATE | SUMMARY February 2024 Variance from Prior Year | |||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| Through February 2023 | Through February 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $401,450,771.79 | $257,388,505.90 | -$144,062,265.89 | -35.9% |
| GP - Oil | $344,187,565.19 | $188,959,237.86 | -$155,228,327.33 | -45.1% |
| Total | $745,638,336.98 | $446,347,743.76 | -$299,290,593.22 | -40.1% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON | SUMMARY February 2024 Variance from OMES Estimate | |||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| February 2024 | February 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $41,254,034.25 | $28,478,982.44 | -$12,775,051.81 | -31.0% |
| GP - Oil | $38,951,933.50 | $46,829,683.19 | $7,877,749.69 | 20.2% |
| Total | $80,205,967.75 | $75,308,665.63 | -$4,897,302.12 | -6.1% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 8-Month YEAR-TO-DATE | SUMMARY February 2024 Variance from OMES Estimate | |||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| Through February 2024 | Through February 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $298,026,090.72 | $257,388,505.90 | -$40,637,584.82 | -13.6% |
| GP - Oil | $210,112,832.43 | $188,959,237.86 | -$21,153,594.57 | -10.1% |
| Total | $508,138,923.14 | $446,347,743.76 | -$61,791,179.38 | -12.2% |
Details may not sum due to rounding.
Chart 1
General Revenue Comparisons with Prior Year (Month)
| PRELIMINARY (In $ millions) | MONTHLY COMPARISON | SUMMARY February 2024 Variance from Prior Year | ||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| February 2023 | February 2024 | $ | % | |
| Net Income Tax | $122.6 | $107.0 | -$15.6 | -12.7% |
| Gross Production | $100.7 | $75.3 | -$25.4 | -25.2% |
| Sales Tax | $194.6 | $191.0 | -$3.6 | -1.8% |
| Use Tax | $32.9 | $35.9 | $3.0 | 9.1% |
| Subtotal: Major Taxes | $450.8 | $409.2 | -$41.6 | -9.2% |
| Other Sources (1) | $50.6 | $63.0 | $12.4 | 24.5% |
| TOTAL GEN REVENUE | $501.4 | $472.2 | -$29.2 | -5.8% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $501.4 | $472.2 | -$29.2 | -5.8% |
(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) | 8-Month YEAR-TO-DATE | SUMMARY February 2024 Variance from Prior Year | ||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| Through February 2023 | Through February 2024 | $ | % | |
| Net Income Tax | $2,364.4 | $2,290.9 | -$73.5 | -3.1% |
| Gross Production | $745.6 | $446.3 | -$299.3 | -40.1% |
| Sales Tax | $1,742.8 | $1,735.6 | -$7.2 | -0.4% |
| Use Tax | $324.6 | $349.6 | $24.9 | 7.7% |
| Subtotal: Major Taxes | $5,177.5 | $4,822.4 | -$355.1 | -6.9% |
| Other Sources (1) | $481.2 | $580.5 | $99.3 | 20.6% |
| TOTAL GEN REVENUE | $5,658.7 | $5,402.9 | -$255.8 | -4.5% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $5,658.7 | $5,402.9 | -$255.8 | -4.5% |
(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 February 2024 Variance from OMES Estimate | ||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| February 2024 | February 2024 | $ | % | |
| Net Income Tax | $97.4 | $107.0 | $9.6 | 9.8% |
| Gross Production | $80.2 | $75.3 | -$4.9 | -6.1% |
| Sales Tax | $200.4 | $191.0 | -$9.3 | -4.7% |
| Use Tax | $37.7 | $35.9 | -$1.8 | -4.7% |
| Subtotal: Major Taxes | $415.6 | $409.2 | -$6.5 | -1.6% |
| Other Sources (1) | $33.1 | $63.0 | $29.9 | 90.3% |
| TOTAL GEN REVENUE | $448.7 | $472.2 | $23.5 | 5.2% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $448.7 | $472.2 | $23.5 | 5.2% |
(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 Estimate (Fiscal Year-to-Date)
| PRELIMINARY (In $ millions) | 8-Month YEAR-TO-DATE | SUMMARY February 2024 Variance from OMES Estimate | ||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| Through February 2024 | Through February 2024 | $ | % | |
| Net Income Tax | $2,254.3 | $2,290.9 | $36.6 | 1.6% |
| Gross Production | $508.1 | $446.3 | -$61.8 | -12.2% |
| Sales Tax | $1,729.3 | $1,735.6 | $6.3 | 0.4% |
| Use Tax | $344.4 | $349.6 | $5.2 | 1.5% |
| Subtotal: Major Taxes | $4,836.0 | $4,822.4 | -$13.7 | -0.3% |
| Other Sources (1) | $339.2 | $580.5 | $241.3 | 71.1% |
| TOTAL GEN REVENUE | $5,175.3 | $5,402.9 | $227.7 | 4.4% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $5,175.3 | $5,402.9 | $227.7 | 4.4% |
(1) Other sources revenue estimated pending final accounting.
(2) Recurring revenue after subtracting one-time funds.
Details may not sum due to rounding.
