August 2024 Financial Data Tables
Income Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON | SUMMARY August 2024 VARIANCE FROM PRIOR YEAR |
|||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| August 2023 | August 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $236,665,763.34 | $231,752,926.69 | -$4,912,836.65 | -2.1% |
| Income - Corporate | $5,058,537.66 | $2,519,337.88 | -$2,539,199.78 | -50.2% |
| Total | $241,724,301.00 | $234,272,264.57 | -$7,452,036.43 | -3.1% |
Details may not sum due to rounding.
Income Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 2-Month YEAR-TO-DATE |
SUMMARY August 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| Through August 2023 | Through August 2024 |
$ | % | |
| Taxes | ||||
| Income - Individual | $495,910,794.85 | $523,872,105.95 | $27,961,311.10 | 5.6% |
| Income - Corporate | $21,939,351.37 | $13,456,931.60 | -$8,482,419.77 | -38.7% |
| Total | $517,850,146.22 | $537,329,037.55 | $19,478,891.33 | 3.8% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON | SUMMARY August 2024 VARIANCE FROM OMES ESTIMATE |
|||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual |
|||
| August 2024 | August 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $237,514,941.26 | $231,752,926.69 | -$5,762,014.57 | -2.4% |
| Income - Corporate | $3,183,731.46 | $2,519,337.88 | -$664,393.58 | -20.9% |
| Total | $240,698,672.72 | $234,272,264.57 | -$6,426,408.15 | -2.7% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 2-Month YEAR-TO-DATE |
SUMMARY August 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| Through August 2024 |
Through August 2024 |
$ | % | |
| Taxes | ||||
| Income - Individual | $491,741,302.87 | $523,872,105.95 | $32,130,803.08 | 6.5% |
| Income - Corporate | $17,050,194.25 | $13,456,931.60 | -$3,593,262.65 | -21.1% |
| Total | $508,791,497.12 | $537,329,037.55 | $28,537,540.43 | 5.6% |
Gross Production Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON |
SUMMARY August 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| August 2023 | August 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $40,609,225.86 | $22,264,438.77 | -$18,344,787.09 | -45.2% |
| GP - Oil | $25,571.22 | - | -$25,571.22 | -100.0% |
| Total | $40,634,797.08 | $22,264,438.77 | -$18,370,358.31 | -45.2% |
Gross Production Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 2-Month YEAR-TO-DATE |
SUMMARY August 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| Through August 2023 | Through August 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $66,656,661.71 | $43,089,898.78 | -$22,566,762.93 | -35.4% |
| GP - Oil | $38,352.21 | - | -$38,352.21 | -100.0% |
| Total | $66,695,013.92 | $43,089,898.78 | -$23,605,115.14 | -35.4% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON |
SUMMARY August 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| August 2024 | August 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $36,660,202.77 | $22,264,438.77 | -$14,395,764.00 | -39.3% |
| GP - Oil | - | - | $0.00 | N/A |
| Total | $36,660,202.77 | $22,264,438.77 | -$14,395,764.00 | -39.3% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 2-Month YEAR-TO-DATE |
SUMMARY August 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| Through August 2024 | Through August 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $65,641,439.03 | $43,089,898.78 | -$22,551,540.25 | -34.4% |
| GP - Oil | - | - | $0.00 | N/A |
| Total | $65,641,439.03 | $43,089,898.78 | -$22,551,540.25 | -34.4% |
Chart 1
General Revenue Comparisons with Prior Year (Month)
| PRELIMINARY (In $ millions) | MONTHLY COMPARISON |
SUMMARY August 2024 Variance from Prior Year |
||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| August 2023 | August 2024 | $ | % | |
| Net Income Tax | $241.7 | $234.3 | -$7.5 | -3.1% |
| Gross Production | $40.6 | $22.3 | -$18.4 | -45.2% |
| Sales Tax | $218.0 | $218.9 | $1.0 | 0.4% |
| Use Tax | $41.7 | $44.3 | $2.6 | 6.3% |
| Subtotal: Major Taxes | $542.0 | $519.8 | -$22.2 | -4.1% |
| Other Sources (1) | $67.1 | $83.2 | $16.1 | 24.0% |
| TOTAL GEN REVENUE | $609.1 | $603.0 | -$6.1 | -1.0% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $609.1 | $603.0 | -$6.1 | -1.0% |
(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) | 2-Month YEAR-TO-DATE |
SUMMARY August 2024 Variance from Prior Year |
||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| Through August 2023 |
Through August 2024 |
$ | % | |
| Net Income Tax | $517.9 | $537.3 | $19.5 | 3.8% |
| Gross Production | $66.7 | $43.1 | -$23.6 | -35.4% |
| Sales Tax | $443.7 | $435.3 | -$8.4 | -1.9% |
| Use Tax | $81.9 | $87.0 | $5.1 | 6.2% |
| Subtotal: Major Taxes | $1,110.1 | $1,102.7 | -$7.4 | -0.7% |
| Other Sources (1) | $102.0 | $120.3 | $18.3 | 17.9% |
| TOTAL GEN REVENUE | $1,212.1 | $1,223.0 | $10.9 | 0.9% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $1,212.1 | $1,223.0 | $10.9 | 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.
Chart 2
General Revenue Comparisons with Estimate (Month)
| PRELIMINARY (In $ millions) | MONTHLY COMPARISON |
SUMMARY August 2024 Variance from OMES Estimate |
||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| August 2024 | August 2024 | $ | % | |
| Net Income Tax | $240.7 | $234.3 | -$6.4 | -2.7% |
| Gross Production | $36.7 | $22.3 | -$14.4 | -39.3% |
| Sales Tax | $228.2 | $218.9 | -$9.3 | -4.1% |
| Use Tax | $44.8 | $44.3 | -$0.4 | -1.0% |
| Subtotal: Major Taxes | $550.3 | $519.8 | -$30.6 | -5.6% |
| Other Sources (1) | $66.9 | $83.2 | $16.3 | 24.3% |
| TOTAL GEN REVENUE | $617.3 | $603.0 | -$14.3 | -2.3% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $617.3 | $603.0 | -$14.3 |
-2.3% |
(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) | 2-Month YEAR-TO-DATE |
SUMMARY August 2024 Variance from OMES Estimate |
||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| Through August 2024 |
Through August 2024 |
$ | % | |
| Net Income Tax | $508.8 | $537.3 | $28.5 | 5.6% |
| Gross Production | $65.6 | $43.1 | -$22.6 | -34.4% |
| Sales Tax | $460.4 | $435.3 | -$25.1 | -5.5% |
| Use Tax | $89.5 | $87.0 | -$2.5 | -2.8% |
| Subtotal: Major Taxes | $1,124.3 | $1,102.7 | -$21.7 | -1.9% |
| Other Sources (1) | $102.2 | $120.3 | $18.1 | 17.7% |
| TOTAL GEN REVENUE | $1,226.5 | $1,223.0 | -$3.5 | -0.3% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $1,226.5 | $1,223.0 | -$3.5 | -0.3% |
(2) Recurring revenue after subtracting one-time funds.
Details may not sum due to rounding.
