January 2025 Financial Data Tables
Income Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON | SUMMARY January 2025 VARIANCE FROM PRIOR YEAR |
|||
|---|---|---|---|---|
| FY 2024 Actual January 2024 |
FY 2025 Actual January 2025 |
|||
| $ | % | |||
| Taxes | ||||
| Income - Individual | $383,965,488.76 | $388,984,185.85 | $5,018,697.09 | 1.3% |
| Income - Corporate | $36,057,437.19 | $42,912,500.24 | $6,855,063.05 | 19.0% |
| Total$ | $420,022,925.95 | $431,896,686.09 | $11,873,760.14 | 2.8% |
Details may not sum due to rounding.
Income Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 7-Month YEAR-TO-DATE |
January 2025 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2024 Actual Through January 2024 |
FY 2025 Actual Through January 2025 |
|||
| $ | % | |||
| Taxes | ||||
| Income - Individual | $1,955,571,160.45 | $2,077,841,090.31 | $122,269,929.86 | 6.3% |
| Income - Corporate | $228,390,934.22 | $212,191,388.19 | -$16,199,546.03 | -7.1% |
| Total | $2,183,962,094.67 | $2,290,032,478.50 | $106,070,383.83 | 4.9% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON | SUMMARY January 2025 VARIANCE FROM OMES ESTIMATE |
|||
|---|---|---|---|---|
| FY 2025 Estimate January 2025 | FY 2025 Actual January 2025 | |||
| $ | % | |||
| Taxes | ||||
| Income - Individual | $370,428,152.82 | $388,984,185.85 | $18,556,033.03 | 5.0% |
| Income - Corporate | $39,224,278.52 | $42,912,500.24 | $3,688,221.72 | 9.4% |
| Total | $409,652,431.35 | $431,896,686.09 | $22,244,254.74 | 5.4% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 7-Month YEAR-TO-DATE |
SUMMARY JAnuary 2025 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2025 Estimate Through January 2025 |
FY 2025 Actual Through January 2025 |
|||
| $ | % | |||
| Taxes | ||||
| Income - Individual | $1,952,808,202.70 | $2,077,841,090.31 | $125,032,887.61 | 6.4% |
| Income - Corporate | $195,954,058.45 | $212,191,388.19 | $16,237,329.74 | 8.3% |
| Total | $2,148,762,261.15 | $2,290,032,478.50 | $141,270,217.35 | 6.6% |
Gross Production Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON |
SUMMARY January 2025 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2024 Actual January 2024 |
FY 2025 Actual January 2025 |
|||
| $ | % | |||
| Taxes | ||||
| GP - Gas | $24,373,285.89 | $27,705,306.21 | $3,332,020.32 | 13.7% |
| GP - Oil | $45,832,984.18 | $39,373,806.57 | -$6,459,177.61 | -14.1% |
| Total | $70,206,270.07 | $67,079,112.78 | -$3,127,157.29 | -4.5% |
Gross Production Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 7-Month YEAR-TO-DATE |
SUMMARY January 2025 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2024 Actual Through January 2024 |
FY 2025 Actual Through January 2025 | |||
| $ | % | |||
| Taxes | ||||
| GP - Gas | $228,909,523.46 | $143,869,631.33 | -$85,039,892.13 | -37.2% |
| GP - Oil | $142,129,554.67 | $146,823,853.38 | $4,694,298.71 | 3.3% |
| Total | $371,039,078.13 | $290,693,484.71 | -$80,345,593.42 | -21.7% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON |
SUMMARY January 2025 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2025 Estimate January 2025 |
FY 2025 Actual January 2025 |
|||
| $ | % | |||
| Taxes | ||||
| GP - Gas | $30,152,159.49 | $27,705,306.21 | -$2,446,853.28 | -8.1% |
| GP - Oil | $45,908,064.21 | $39,373,806.57 | -$6,534,257.64 | -14.2% |
| Total | $76,060,223.70 | $67,079,112.78 | -$8,981,110.92 | -11.8% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 7-Month YEAR-TO-DATE |
SUMMARY January 2025 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2025 Estimate Through January 2025 |
FY 2025 Actual Through January 2025 |
|||
| $ | % | |||
| Taxes | ||||
| GP - Gas | $235,921,530.47 | $143,869,631.33 | -$92,051,899.14 | -39.0% |
| GP - Oil | $157,944,914.78 | $146,823,853.38 | -$11,121,061.40 | -7.0% |
| Total | $393,866,445.25 | $290,693,484.71 | -103,172,960.54 | -26.2% |
Chart 1
General Revenue Comparisons with Prior Year (Month)
| PRELIMINARY (In $ millions) | MONTHLY COMPARISON |
SUMMARY JAnuary 2025 Variance from Prior Year |
||
|---|---|---|---|---|
| FY 2024 Actual January 2024 |
FY 2025 Actual January 2025 |
|||
| $ | % | |||
| Net Income Tax | $420.0 | $431.9 | $11.9 | 2.8% |
| Gross Production | $70.2 | $67.1 | -$3.1 | -4.5% |
| Sales Tax | $222.1 | $194.2 | -$26.9 | -12.2% |
| Use Tax | $55.6 | $60.9 | $5.2 | 9.4% |
| Subtotal: Major Taxes | $767.0 | $754.1 | -$12.9 | -1.7% |
| Other Sources (1) | $111.5 | $122.1 | $10.6 | 9.5% |
| TOTAL GEN REVENUE | $878.5 | $876.2 | -$2.3 | -0.3% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $878.5 | $876.2 | -$2.3 | -0.3% |
(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 2025 Variance from Prior Year |
||
|---|---|---|---|---|
| FY 2024 Actual Through January 2024 |
FY 2025 Actual Through January 2025 |
|||
| $ | % | |||
| Net Income Tax | $2,184.0 | $2,290.0 | $106.1 | 4.9% |
| Gross Production | $371.0 | $290.7 | -$80.3 | -21.7% |
| Sales Tax | $1,544.5 | $1,392.5 | -$152.0 | -9.8% |
| Use Tax | $313.7 | $329.6 | $15.9 | 5.1% |
| Subtotal: Major Taxes | $4,413.2 |
$4,302.8 | -$110.4 | -2.5% |
| Other Sources (1) | $517.5 | $594.6 | $77.1 | 14.9% |
| TOTAL GEN REVENUE | $4,930.7 | $4,897.5 | -$33.2 | -0.7% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $4,930.7 | $4,897.5 | -$33.2 | -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.
Chart 2
General Revenue Comparisons with Estimate (Month)
| PRELIMINARY (In $ millions) | MONTHLY COMPARISON |
SUMMARY January 2025 Variance from OMES Estimate |
||
|---|---|---|---|---|
| FY 2025 Estimate January 2025 | FY 2025 Actual January 2025 | |||
| $ | % | |||
| Net Income Tax | $409.7 | $431.9 | $22.2 | 5.4% |
| Gross Production | $76.1 | $67.1 | -$9.0 | -11.8% |
| Sales Tax | $207.0 | $194.2 | -$12.7 | -6.1% |
| Use Tax | $60.6 | $60.9 | $0.3 | 0.5% |
| Subtotal: Major Taxes | $753.2 | $754.1 | $0.9 | 0.1% |
| Other Sources (1) | $109.8 | $122.1 | $12.4 | 11.3% |
| TOTAL GEN REVENUE | $863.0 | $876.2 | $13.2 | 1.5% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $863.0 | $876.2 | $13.2 |
1.5% |
(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 2025 Variance from OMES Estimate |
||
|---|---|---|---|---|
| FY 2025 Estimate Through January 2025 | FY 2025 Actual Through January 2025 | |||
| $ | % | |||
| Net Income Tax | $2,148.8 | $2,290.0 | $141.3 | 6.6% |
| Gross Production | $393.9 | $290.7 | -$103.2 | -26.2% |
| Sales Tax | $1,494.4 | $1,392.5 | -$101.9 | -6.8% |
| Use Tax | $341.2 | $329.6 | -$11.6 | -3.4% |
| Subtotal: Major Taxes | $4,378.2 | $4,302.8 | -$75.3 | -1.7% |
| Other Sources (1) | $478.9 | $594.6 | $115.7 | 24.2% |
| TOTAL GEN REVENUE | $4,857.1 | $4,897.5 | $40.4 | 0.8% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $4,857.1 | $4,897.5 | $40.4 | 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.
