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December 2024 Financial Data Tables

Income Tax Comparisons with Prior Year (Month)

  MONTHLY COMPARISON  SUMMARY December 2024
VARIANCE FROM PRIOR YEAR 
  FY 2024 Actual  FY 2025 Actual
  December 2023 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 FY 2025 Actual
  Through December 2023 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  FY 2025
Actual
  December 2024 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)

Details may not sum due to rounding.
  6-Month YEAR-TO-DATE
SUMMARY December 2024
Variance from OMES Estimate
  FY 2025 Estimate FY 2025 Actual
  Through
December 2024
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)

Details may not sum due to rounding.
  MONTHLY COMPARISON
SUMMARY December 2024
Variance from Prior Year
  FY 2024 Actual FY 2025 Actual
  December 2023 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 FY 2025 Actual
  Through December 2023 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 FY 2025 Actual
  December 2024 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 FY 2025 Actual
  Through December 2024 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 FY 2025 Actual
December 2023 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 FY 2025 Actual
Through
December 2023
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 FY 2025 Actual
December 2024 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 FY 2025 Actual
  Through
December 2024
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.

Last Modified on Jan 14, 2025