May 2024 Financial Data Tables
Income Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON | SUMMARY May 2024 VARIANCE FROM PRIOR YEAR |
|||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| May 2023 | May 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $243,235,349.69 | $263,445,560.22 | $20,210,210.53 | 8.3% |
| Income - Corporate | $31,380,630.88 | - | -$31,380,630.88 | -100.0% |
| Total | $274,615,980.57 |
$263,445,560.22 | -$11,170,420.35 | -4.1% |
Details may not sum due to rounding.
Income Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 11-Month YEAR-TO-DATE |
SUMMARY May 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| Through May 2023 | Through May 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $3,063,673,158.48 | $3,031,765,050.04 | -$31,908,108.44 | -1.0% |
| Income - Corporate | $488,574,373.39 | $330,450,066.00 | -$158,124,307.39 | -32.4% |
| Total | $3,552,247,531.87 | $3,362,215,116.04 | -$190,032,415.83 | -5.3% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON | SUMMARY May 2024 VARIANCE FROM OMES ESTIMATE |
|||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| May 2024 | May 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $234,612,551.44 | $263,445,560.22 | $28,833,008.78 | 12.3% |
| Income - Corporate | $12,349,331.96 | - | -$12,349,331.96 | -100.0% |
| Total | $246,961,883.40 | $263,445,560.22 | $16,483,676.82 | 6.7% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 11-Month YEAR-TO-DATE |
SUMMARY May 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| Through May 2024 | Through May 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $2,992,385,392.07 | $3,031,765,050.04 | $39,379,657.97 | 1.3% |
| Income - Corporate | $288,615,467.45 | $330,450,066.00 | $41,834,598.55 | 14.5% |
| Total | $3,281,000,859.52 | $3,362,215,116.04 | $81,214,256.52 | 2.5% |
Gross Production Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON |
SUMMARY May 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| May 2023 | May 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $46,717,975.52 | $14,773,560.50 | -$31,944,415.02 | -68.4% |
| GP - Oil | $26,007,897.96 | $341,819.16 | -$25,666,078.80 | -98.7% |
| Total | $72,725,873.48 | $15,115,379.66 | -$57,610,493.82 | -79.2% |
Gross Production Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 11-Month YEAR-TO-DATE |
SUMMARY May 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| Through May 2023 | Through May 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $518,180,010.14 | $338,924,370.41 | -$179,255,639.73 | -34.6% |
| GP - Oil | $496,889,629.19 | $260,945,640.00 | -$235,943,989.19 | -47.5% |
| Total | $1,015,069,639.33 | $599,870,010.41 | -$415,199,628.92 | -40.9% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON |
SUMMARY May 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| May 2024 | May 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $39,890,786.89 | $14,773,560.50 | -$25,117,226.39 | -63.0% |
| GP - Oil | $51,175,676.20 | $341,819.16 | -$50,833,857.04 | -99.3% |
| Total | $91,066,463.09 | $15,115,379.66 | -$75,951,083.43 | -83.4% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 11-Month YEAR-TO-DATE |
SUMMARY May 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| Through May 2024 | Through May 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $432,057,929.80 | $338,924,370.41 | -$93,133,559.39 | -21.6% |
| GP - Oil | $362,695,828.92 | $260,945,640.00 | -$101,750,188.92 | -28.1% |
| Total | $794,753,758.72 | $599,870,010.41 | -$194,883,748.31 | -24.5% |
Details may not sum due to rounding.
Chart 1
General Revenue Comparisons with Prior Year (Month)
| PRELIMINARY (In $ millions) | MONTHLY COMPARISON |
SUMMARY May 2024 Variance from Prior Year |
||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| May 2023 | May 2024 | $ | % | |
| Net Income Tax | $274.6 | $263.4 | -$11.2 | -4.1% |
| Gross Production | $72.7 | $15.1 | -$57.6 | -79.2% |
| Sales Tax | $222.2 | $218.4 | -$3.7 | -1.7% |
| Use Tax | $37.8 | $41.1 | $3.3 | 8.8% |
| Subtotal: Major Taxes | $607.3 | $538.1 | -$69.2 | -11.4% |
| Other Sources (1) | $95.4 | $114.7 | $19.3 | 20.2% |
| TOTAL GEN REVENUE | $702.7 | $652.8 | -$49.9 | -7.1% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $702.7 | $652.8 | -$49.9 | -7.1% |
(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) | 11-Month YEAR-TO-DATE |
SUMMARY May 2024 Variance from Prior Year |
||
|---|---|---|---|---|
| FY 2023 Actual | FY 2024 Actual | |||
| Through May 2023 | Through May 2024 | $ | % | |
| Net Income Tax | $3,552.2 | $3,362.2 | -$190.0 | -5.3% |
| Gross Production | $1,015.1 | $599.9 | -$415.2 | -40.9% |
| Sales Tax | $2,401.3 | $2,387.0 | -$14.3 | -0.6% |
| Use Tax | $443.1 | $474.9 | $31.7 | 7.2% |
| Subtotal: Major Taxes | $7,411.7 | $6,824.0 | -$587.8 | -7.9% |
| Other Sources (1) | $735.2 | $888.9 | $153.8 | 20.9% |
| TOTAL GEN REVENUE | $8,146.9 | $7,712.9 | -$434.0 | -5.3% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $8,146.9 | $7,712.9 | -$434.0 | -5.3% |
(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 May 2024 Variance from OMES Estimate |
||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| May 2024 | May 2024 | $ | % | |
| Net Income Tax | $247.0 | $263.4 | $16.5 | 6.7% |
| Gross Production | $91.1 | $15.1 | -$76.0 | -83.4% |
| Sales Tax | $227.7 | $218.4 | -$9.3 | -4.1% |
| Use Tax | $43.2 | $41.1 | -$2.1 | -4.9% |
| Subtotal: Major Taxes | $609.0 | $538.1 | -$70.9 | -11.6% |
| Other Sources (1) | $66.9 | $114.7 | $47.8 | 71.5% |
| TOTAL GEN REVENUE | $675.9 | $652.8 | -$23.0 | -3.4% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $675.9 | $652.8 | -$23.0 |
-3.4% |
(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) | 11-Month YEAR-TO-DATE |
SUMMARY May 2024 Variance from OMES Estimate |
||
|---|---|---|---|---|
| FY 2024 Estimate | FY 2024 Actual | |||
| Through May 2024 | Through May 2024 | $ | % | |
| Net Income Tax | $3,281.0 | $3,362.2 | $81.2 | 2.5% |
| Gross Production | $794.8 | $599.9 | -$194.9 | -24.5% |
| Sales Tax | $2,400.6 | $2,387.0 | -$13.6 | -0.6% |
| Use Tax | $474.6 | $474.9 | $0.3 | 0.1% |
| Subtotal: Major Taxes | $6,950.9 | $6,824.0 | -$126.9 | -1.8% |
| Other Sources (1) | $500.2 | $888.9 | $388.7 | 77.7% |
| TOTAL GEN REVENUE | $7,451.1 | $7,712.9 | $261.8 | 3.5% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $7,451.1 |
$7,712.9 | $261.8 | 3.5% |
(1) Other sources revenue estimated pending final accounting.
(2) Recurring revenue after subtracting one-time funds.
Details may not sum due to rounding.
