November 2024 Financial Data Tables
Income Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON | SUMMARY November 2024 VARIANCE FROM PRIOR YEAR |
|||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| November 2023 | November 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $239,070,796.71 | $216,514,043.84 | -$22,556,752.87 | -9.4% |
| Income - Corporate | $1,511,480.64 | $5,015,649.31 | $3,504,168.67 | 231.8% |
| Total | $240,582,277.35 | $221,529,693.15 | -$19,052,584.20 | -7.9% |
Details may not sum due to rounding.
Income Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 5-Month YEAR-TO-DATE |
SUMMARY November 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| Through November 2023 | Through November 2024 |
$ | % | |
| Taxes | ||||
| Income - Individual | $1,324,384,530.20 | $1,392,221,892.93 | $67,837,362.73 | 5.1% |
| Income - Corporate | $159,895,187.14 | $115,477,316.59 | -$44,417,870.55 | -27.8% |
| Total | $1,484,279,717.34 | $1,507,699,209.52 | $23,419,492.18 | 1.6% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON | SUMMARY November 2024 VARIANCE FROM OMES ESTIMATE |
|||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual |
|||
| November 2024 | November 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $238,007,939.03 | $216,514,043.84 | -$21,493,895.19 | -9.0% |
| Income - Corporate | $1,256,643.95 | $5,015,649.31 | $3,759,005.36 | 299.1% |
| Total | $239,264,582.98 | $221,529,693.15 | -$17,734,889.83 | -7.4% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 5-Month YEAR-TO-DATE |
SUMMARY November 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| Through November 2024 |
Through November 2024 |
$ | % | |
| Taxes | ||||
| Income - Individual | $1,317,909,852.66 | $1,392,221,892.93 | $74,312,040.27 | 5.6% |
| Income - Corporate | $128,788,040.55 | $115,477,316.59 | -$13,310,723.96 | -10.3% |
| Total | $1,446,697,893.21 | $1,507,699,209.52 | $61,001,316.31 | 4.2% |
Gross Production Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON |
SUMMARY November 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| November 2023 | November 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $37,555,103.29 | $15,079,816.50 | -$22,475,286.79 | -59.8% |
| GP - Oil | $29,615,176.85 | $37,968,725.46 | $8,353,548.61 | 28.2% |
| Total | $67,170,280.14 | $53,048,541.96 | -$14,121,738.18 | -21.0% |
Gross Production Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 5-Month YEAR-TO-DATE |
SUMMARY November 2024 Variance from Prior Year |
|||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| Through November 2023 | Through November 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $191,975,959.12 | $99,181,413.41 | -$92,794,545.71 | -48.3% |
| GP - Oil | $29,675,164.41 | $62,399,357.88 | $32,724,193.47 | 110.3% |
| Total | $221,651,123.53 | $161,580,771.29 | -$60,070,352.24 | -27.1% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON |
SUMMARY November 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| November 2024 | November 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $36,441,228.67 | $15,079,816.50 | -$21,361,412.17 | -58.6% |
| GP - Oil | $30,100,004.20 | $37,968,725.46 | $7,868,721.26 | 26.1% |
| Total | $66,541,232.88 | $53,048,541.96 | -$13,492,690.92 | -20.3% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 5-Month YEAR-TO-DATE |
SUMMARY November 2024 Variance from OMES Estimate |
|||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| Through November 2024 | Through November 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $180,650,261.19 | $99,181,413.41 | -$81,468,847.78 | -45.1% |
| GP - Oil | $45,224,727.45 | $62,399,357.88 | $17,174,630.43 | 38.0% |
| Total | $225,874,988.64 | $161,580,771.29 | -$64,294,217.35 | -28.5% |
Chart 1
General Revenue Comparisons with Prior Year (Month)
| PRELIMINARY (In $ millions) | MONTHLY COMPARISON |
SUMMARY November 2024 Variance from Prior Year |
||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| November 2023 | November 2024 | $ | % | |
| Net Income Tax | $240.6 | $221.5 | -$19.1 | -7.9% |
| Gross Production | $67.2 | $53.0 | -$14.1 | -21.0% |
| Sales Tax | $217.5 | $174.6 | -$42.9 | -19.7% |
| Use Tax | $45.3 | $50.2 | $4.9 | 10.7% |
| Subtotal: Major Taxes | $570.6 | $499.3 | -$71.3 | -12.5% |
| Other Sources (1) | $82.1 | $102.3 | $20.2 | 24.6% |
| TOTAL GEN REVENUE | $652.7 | $601.6 | -$51.1 | -7.8% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $652.7 | $601.6 | -$51.1 | -7.8% |
(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) | 5-Month YEAR-TO-DATE |
SUMMARY November 2024 Variance from Prior Year |
||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| Through November 2023 |
Through November 2024 |
$ | % | |
| Net Income Tax | $1,484.3 | $1,507.7 | $23.4 | 1.6% |
| Gross Production | $221.7 | $161.6 | -$60.1 | -27.1% |
| Sales Tax | $1,101.3 | $1,012.3 | -$89.0 | -8.1% |
| Use Tax | $207.1 | $218.2 | $11.1 | 5.4% |
| Subtotal: Major Taxes | $3,014.3 | $2,899.8 | -$114.6 | -3.8% |
| Other Sources (1) | $332.9 | $382.8 | $49.9 | 15.0% |
| TOTAL GEN REVENUE | $3,347.2 | $3,282.5 | -$64.7 | -1.9% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $3,347.2 | $3,282.5 | -$64.7 | -1.9% |
(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 November 2024 Variance from OMES Estimate |
||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| November 2024 | November 2024 | $ | % | |
| Net Income Tax | $239.3 | $221.5 | -$17.7 | -7.4% |
| Gross Production | 66.5 | $53.0 | -$13.5 | -20.3% |
| Sales Tax | $199.2 | $174.6 | -$24.7 | -12.4% |
| Use Tax | $48.4 | $50.2 | $1.7 | 3.6% |
| Subtotal: Major Taxes | $553.5 | $499.3 | -$54.1 | -9.8% |
| Other Sources (1) | $74.8 | $102.3 | $27.5 | 36.8% |
| TOTAL GEN REVENUE | $628.2 | $601.6 | -$26.6 | -4.2% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $628.2 | $601.6 | -$26.6 |
-4.2% |
(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) | 5-Month YEAR-TO-DATE |
SUMMARY November 2024 Variance from OMES Estimate |
||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| Through November 2024 |
Through November 2024 |
$ | % | |
| Net Income Tax | $1,446.7 | $1,507.7 | $61.0 | 4.2% |
| Gross Production | $225.9 | $161.6 | -$64.3 | -28.5% |
| Sales Tax | $1,082.1 | $1,012.3 | -$69.8 | -6.5% |
| Use Tax | $225.2 | $218.2 | -$6.9 | -3.1% |
| Subtotal: Major Taxes | $2,979.8 | $2,899.8 | -$80.1 | -2.7% |
| Other Sources (1) | $300.0 | $382.8 | $82.7 | 27.6% |
| TOTAL GEN REVENUE | $3,279.9 | $3,282.5 | $2.7 | 0.1% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $3,279.9 | $3,282.5 | $2.7 | 0.1% |
(1) Other sources revenue estimated pending final accounting.
(2) Recurring revenue after subtracting one-time funds.
Details may not sum due to rounding.
