January 2024 Financial Data Tables
Income Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON | SUMMARY January 2024 VARIANCE FROM PRIOR YEAR |
|||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| January 2023 | January 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $357,233,582.09 | $383,965,488.76 | $26,731,906.67 | 7.5% |
| Income - Corporate | $49,033,427.11 | $36,057,437.19 | -$12,975,989.92 | -26.5% |
| Total | $406,267,009.20 |
$420,022,925.95 | $13,755,916.75 | 3.4% |
Details may not sum due to rounding.
Income Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 7-Month YEAR-TO-DATE |
SUMMARY January 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| Through January 2023 | Through January 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $1,996,461,305.32 | $1,955,571,160.45 | -$40,890,144.87 | -2.0% |
| Income - Corporate | $245,426,665.46 | $228,390,934.22 | -$17,035,731.24 | -6.9% |
| Total | $2,241,887,970.78 | $2,183,962,094.67 | -$57,925,876.11 | -2.6% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON | SUMMARY January 2024 VARIANCE FROM OMES ESTIMATE |
|||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| January 2024 | January 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $375,482,195.36 | $383,965,488.76 | $8,483,293.40 | 2.3% |
| Income - Corporate | $26,325,725.64 | $36,057,437.19 | $9,731,711.55 | 37.0% |
| Total | $401,807,921.01 | $420,022,925.95 | $18,215,004.94 | 4.5% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 7-Month YEAR-TO-DATE |
SUMMARY January 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| Through January 2024 | Through January 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $1,991,408,839.88 | $1,955,571,160.45 | -$35,837,679.43 | -1.8% |
| Income - Corporate | $165,478,221.27 | $228,390,934.22 | $62,912,712.95 | 38.0% |
| Total | $2,156,887,061.15 | $2,183,962,094.67 | $27,075,033.52 | 1.3% |
Gross Production Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON |
SUMMARY January 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| January 2023 | January 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $58,341,850.56 | $24,373,285.89 | -$33,968,564.67 | -58.2% |
| GP - Oil | $64,526,630.87 | $45,832,984.18 | -$18,693,646.69 | -29.0% |
| Total | $122,868,481.43 | $70,206,270.07 | -$52,662,211.36 | -42.9% |
Gross Production Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 7-Month YEAR-TO-DATE |
SUMMARY January 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| Through January 2023 | Through January 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $342,352,781.98 | $228,909,523.46 | -$113,443,258.52 | -33.1% |
| GP - Oil | $302,615,103.93 | $142,129,554.67 | -$160,485,549.26 | -53.0% |
| Total | $644,967,885.91 | $371,039,078.13 | -$273,928,807.78 | -42.5% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON |
SUMMARY January 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| January 2024 | January 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $46,769,218.40 | $24,373,285.89 | -$22,395,932.51 | -47.9% |
| GP - Oil | $45,130,147.82 | $45,832,984.18 | $702,836.36 | 1.6% |
| Total | $91,899,366.22 | $70,206,270.07 | -$21,693,096.15 | -23.6% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 7-Month YEAR-TO-DATE |
SUMMARY January 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| Through January 2024 | Through January 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $256,772,056.47 | $228,909,523.46 | -$27,862,533.01 | -10.9% |
| GP - Oil | $171,160,898.92 | $142,129,554.67 | -$29,031,344.25 | -17.0% |
| Total | $427,932,955.39 | $371,039,078.13 | -$56,893,877.26 | -13.3% |
Details may not sum due to rounding.
Chart 1
General Revenue Comparisons with Prior Year (Month)
| PRELIMINARY (In $ millions) | MONTHLY COMPARISON |
SUMMARY January 2024 Variance from Prior Year |
||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| January 2023 | January 2024 | $ | % | |
| Net Income Tax | $406.3 | $420.0 | $13.8 | 3.4% |
| Gross Production | $122.9 | $70.2 | -$52.7 | -42.9% |
| Sales Tax | $227.1 | $221.1 | -$6.0 | -2.6% |
| Use Tax | $51.2 | $55.6 | $4.4 | 8.6% |
| Subtotal: Major Taxes | $807.5 | $767.0 | -$40.5 | -5.0% |
| Other Sources (1) | $96.2 | $111.5 | $15.3 | 15.9% |
| TOTAL GEN REVENUE | $903.7 | $878.5 | -$25.2 | -2.8% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $903.7 | $878.5 | -$25.2 | -2.8% |
(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) | 7-Month YEAR-TO-DATE |
SUMMARY January 2024 Variance from Prior Year |
||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| Through January 2023 | Through January 2024 | $ | % | |
| Net Income Tax | $2,241.9 | $2,184.0 | -$57.9 | -2.6% |
| Gross Production | $645.0 | $371.0 | -$273.9 | -42.5% |
| Sales Tax | $1,548.1 | $1,544.5 | -$3.6 | -0.2% |
| Use Tax | $291.7 | $313.7 | $21.9 | 7.5% |
| Subtotal: Major Taxes | $4,726.7 | $4,413.2 | -$313.5 | -6.6% |
| Other Sources (1) | $430.6 | $517.5 | $86.9 | 20.2% |
| TOTAL GEN REVENUE | $5,157.3 | $4,930.7 | -$226.6 | -4.4% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $5,157.3 | $4,930.7 | -$226.6 | -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.
Chart 2
General Revenue Comparisons with Estimate (Month)
| PRELIMINARY (In $ millions) | MONTHLY COMPARISON |
SUMMARY January 2024 Variance from OMES Estimate |
||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| January 2024 | January 2024 | $ | % | |
| Net Income Tax | $401.8 | $420.0 | $18.2 | 4.5% |
| Gross Production | $91.9 | $70.2 | -$21.7 | -23.6% |
| Sales Tax | $230.6 | $221.1 | -$9.5 | -4.1% |
| Use Tax | $54.9 | $55.6 | $0.7 | 1.3% |
| Subtotal: Major Taxes | $779.3 | $767.0 | -$12.3 | -1.6% |
| Other Sources (1) | $91.1 | $111.5 | $20.4 | 22.4% |
| TOTAL GEN REVENUE | $870.4 | $878.5 | $8.2 | 0.9% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $870.4 | $878.5 | $8.2 | 0.9% |
(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) | 7-Month YEAR-TO-DATE |
SUMMARY January 2024 Variance from OMES Estimate |
||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| Through January 2024 | Through January 2024 | $ | % | |
| Net Income Tax | $2,156.9 | $2,184.0 | $27.1 | 1.3% |
| Gross Production | $427.9 | $371.0 | -$56.9 | -13.3% |
| Sales Tax | $1,528.9 | $1,544.5 | $15.6 | 1.0% |
| Use Tax | $306.7 | $313.7 | $7.0 | 2.3% |
| Subtotal: Major Taxes | $4,420.4 | $4,413.2 | -$7.2 | -0.2% |
| Other Sources (1) | $306.1 | $517.5 | $211.4 | 69.1% |
| TOTAL GEN REVENUE | $4,726.5 | $4,930.7 | $204.2 | 4.3% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $4,726.5 | $4,930.7 | $204.2 | 4.3% |
(1) Other sources revenue estimated pending final accounting.
(2) Recurring revenue after subtracting one-time funds.
Details may not sum due to rounding.
