December 2024 Financial Data Tables
Income Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON | SUMMARY December 2024 VARIANCE FROM PRIOR YEAR |
|||
|---|---|---|---|---|
| FY 2024 Actual December 2023 |
FY 2025 Actual December 2024 |
|||
| $ | % | |||
| Taxes | ||||
| Income - Individual | $247,221,141.49 | $296,635,011.53 | $49,413,870.04 | 20.0% |
| Income - Corporate | $32,438,309.89 | $53,801,571.36 | $21,363,261.47 | 65.9% |
| Total | $279,659,451.38 | $350,436,582.89 | $70,777,131.51 | 25.3% |
Details may not sum due to rounding.
Income Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 6-Month YEAR-TO-DATE |
SUMMARY December 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2024 Actual Through December 2023 |
FY 2025 Actual Through December 2024 |
|||
| $ | % | |||
| Taxes | ||||
| Income - Individual | $1,571,605,671.69 | $1,688,856,904.46 | $117,251,232.77 | 7.5% |
| Income - Corporate | $192,333,497.03 | $169,278,887.95 | -$23,054,609.08 | -12.0% |
| Total | $1,763,939,168.72 | $1,858,135,792.41 | $94,196,623.69 | 5.3% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON | SUMMARY December 2024 VARIANCE FROM OMES ESTIMATE |
|||
|---|---|---|---|---|
| FY 2025 Estimate December 2024 |
FY 2025 Actual December 2024 |
|||
| $ | % | |||
| Taxes | ||||
| Income - Individual | $264,470,197.22 | $296,635,011.53 | $32,164,814.31 | 12.2% |
| Income - Corporate | $27,941,739.38 | $53,801,571.36 | $25,859,831.98 | 92.5% |
| Total | $292,411,936.60 | $350,436,582.89 | $58,024,646.29 | 19.8% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 6-Month YEAR-TO-DATE |
SUMMARY December 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2025 Estimate Through December 2024 |
FY 2025 Actual Through December 2024 |
|||
| $ | % | |||
| Taxes | ||||
| Income - Individual | $1,582,380,049.88 | $1,688,856,904.46 | $106,476,854.58 | 6.7% |
| Income - Corporate | $156,729,779.93 | $169,278,887.95 | $12,549,108.02 | 8.0% |
| Total | $1,739,109,829.80 | $1,858,135,792.41 | $119,025,962.61 | 6.8% |
Gross Production Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON |
SUMMARY December 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2024 Actual December 2023 | FY 2025 Actual December 2024 | |||
| $ | % | |||
| Taxes | ||||
| GP - Gas | $12,560,278.45 | $16,982,911.71 | $4,422,633.26 | 35.2% |
| GP - Oil | $66,621,406.08 | $45,050,688.93 | -$21,570,717.15 | -32.4% |
| Total | $79,171,684.53 | $62,033,600.64 | -$17,148,083.89 | -21.7% |
Gross Production Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 6-Month YEAR-TO-DATE |
SUMMARY December 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2024 Actual Through December 2023 |
FY 2025 Actual Through December 2024 |
|||
| $ | % | |||
| Taxes | ||||
| GP - Gas | $204,536,237.57 | $116,164,325.12 | -$88,371,912.45 | -43.2% |
| GP - Oil | $96,296,570.49 | $107,450,046.81 | $11,153,476.32 | 11.6% |
| Total | $300,832,808.06 | $223,614,371.93 | -$77,218,436.13 | -25.7% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON |
SUMMARY December 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2025 Estimate December 2024 | FY 2025 Actual December 2024 | |||
| $ | % | |||
| Taxes | ||||
| GP - Gas | $25,119,109.80 | $16,982,911.71 | -$8,136,198.09 | -32.4% |
| GP - Oil | $66,812,123.12 | $45,050,688.93 | -$21,761,434.19 | -32.6% |
| Total | $91,931,232.91 | $62,033,600.64 | -$29,897,632.27 | -32.5% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 6-Month YEAR-TO-DATE |
SUMMARY December 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2025 Estimate Through December 2024 |
FY 2025 Actual Through December 2024 |
|||
| $ | % | |||
| Taxes | ||||
| GP - Gas | $205,769,370.99 | $116,164,325.12 | -$89,605,045.87 | -43.5% |
| GP - Oil | $112,036,850.56 | $107,450,046.81 | -$4,586,803.75 | -4.1% |
| Total | $317,806,221.55 | $223,614,371.93 | -$94,191,849.62 | -29.6% |
Chart 1
General Revenue Comparisons with Prior Year (Month)
| PRELIMINARY (In $ millions) | MONTHLY COMPARISON |
SUMMARY December 2024 Variance from Prior Year |
||
|---|---|---|---|---|
| FY 2024 Actual December 2023 | FY 2025 Actual December 2024 | |||
| $ | % | |||
| Net Income Tax | $279.7 | $350.4 | $70.8 | 25.3% |
| Gross Production | $79.2 | $62.0 | -$17.1 | -21.7% |
| Sales Tax | $222.1 | $186.0 | -$36.1 | -16.3% |
| Use Tax | $51.0 | $50.5 | -$0.4 | -0.8% |
| Subtotal: Major Taxes | $631.9 | $649.0 | $17.1 | 2.7% |
| Other Sources (1) | $73.1 | $89.7 | $16.7 | 22.8% |
| TOTAL GEN REVENUE | $705.0 | $738.7 | $33.8 | 4.8% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $705.0 | $738.7 | $33.8 | 4.8% |
(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) | 6-Month YEAR-TO-DATE |
SUMMARY December 2024 Variance from Prior Year |
||
|---|---|---|---|---|
| FY 2024 Actual Through December 2023 |
FY 2025 Actual Through December 2024 |
|||
| $ | % | |||
| Net Income Tax | $1,763.9 | $1,858.1 | $94.2 | 5.3% |
| Gross Production | $300.8 | $223.6 | -$77.2 | -25.7% |
| Sales Tax | $1,323.4 | $1,198.3 | -$125.1 | -9.5% |
| Use Tax | $258.1 | $268.7 | $10.7 | 4.1% |
| Subtotal: Major Taxes | $3,646.2 |
$3,548.8 | -$97.5 | -2.7% |
| Other Sources (1) | $406.0 | $472.5 | $66.5 | 16.4% |
| TOTAL GEN REVENUE | $4,052.2 | $4,021.3 | -$30.9 | -0.8% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $4,052.2 | $4,021.3 | -$30.9 | -0.8% |
(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 December 2024 Variance from OMES Estimate |
||
|---|---|---|---|---|
| FY 2025 Estimate December 2024 | FY 2025 Actual December 2024 | |||
| $ | % | |||
| Net Income Tax | $292.4 | $350.4 | $58.0 | 19.8% |
| Gross Production | $91.9 | $62.0 | -$29.9 | -32.5% |
| Sales Tax | $205.3 | $186.0 | -$19.3 | -9.4% |
| Use Tax | $55.5 | $50.5 | -$4.9 | -8.9% |
| Subtotal: Major Taxes | $645.1 | $649.0 | $3.9 | 0.6% |
| Other Sources (1) | $69.1 | $89.7 | $20.6 | 29.8% |
| TOTAL GEN REVENUE | $714.2 | $738.7 | $24.5 | 3.4% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $714.2 | $738.7 | $24.5 |
3.4% |
(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) | 6-Month YEAR-TO-DATE |
SUMMARY December 2024 Variance from OMES Estimate |
||
|---|---|---|---|---|
| FY 2025 Estimate Through December 2024 |
FY 2025 Actual Through December 2024 |
|||
| $ | % | |||
| Net Income Tax | $1,739.1 | $1,858.1 | $119.0 | 6.8% |
| Gross Production | $317.8 | $223.6 | -$94.2 | -29.6% |
| Sales Tax | $1,287.4 | $1,198.3 | -$89.2 | -6.9% |
| Use Tax | $280.6 | $268.7 | -$11.9 | -4.2% |
| Subtotal: Major Taxes | $3,624.9 | $3,548.8 | -$76.2 | -2.1% |
| Other Sources (1) | $369.2 | $472.5 | $103.3 | 28.0% |
| TOTAL GEN REVENUE | $3,994.1 | $4,021.3 | $27.1 | 0.7% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $3,994.1 | $4,021.3 | $27.1 | 0.7% |
(1) Other sources revenue estimated pending final accounting.
(2) Recurring revenue after subtracting one-time funds.
Details may not sum due to rounding.
