October 2024 Financial Data Tables
Income Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON | SUMMARY October 2024 VARIANCE FROM PRIOR YEAR | |||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| October 2023 | October 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $310,548,683.54 | $343,811,997.91 | $33,263,314.37 | 10.7% |
| Income - Corporate | $13,272,951.84 | $2,660,374.79 | -$10,612,577.05 | -80.0% |
| Total | $323,821,635.38 | $346,472,372.70 | $22,650,737.32 | 7.0% |
Details may not sum due to rounding.
Income Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 4-Month YEAR-TO-DATE | SUMMARY October 2024 Variance from Prior Year | |||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| Through October 2023 | Through October 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $1,085,313,733.49 | $1,175,707,849.09 | $90,394,115.60 | 8.3% |
| Income - Corporate | $158,383,706.50 | $110,461,667.28 | -$47,922,039.22 | -30.3% |
| Total | $1,243,697,439.99 | $1,286,169,516.37 | $42,472,076.38 | 3.4% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON | SUMMARY October 2024 VARIANCE FROM OMES ESTIMATE | |||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| October 2024 | October 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $303,329,623.65 | $343,811,997.91 | $40,482,374.26 | 13.3% |
| Income - Corporate | $11,344,661.92 | $2,660,374.79 | -$8,684,287.13 | -76.5% |
| Total | $314,674,285.57 | $346,472,372.70 | $31,798,087.13 | 10.1% |
Details may not sum due to rounding.
Income Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 4-Month YEAR-TO-DATE | SUMMARY October 2024 Variance from OMES Estimate | |||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| Through October 2024 | Through October 2024 | $ | % | |
| Taxes | ||||
| Income - Individual | $1,079,901,913.62 | $1,175,707,849.09 | $95,805,935.47 | 8.9% |
| Income - Corporate | $127,531,396.60 | $110,461,667.28 | -$17,069,729.32 | -13.4% |
| Total | $1,207,433,310.23 | $1,286,169,516.37 | $78,736,206.14 | 6.5% |
Gross Production Tax Comparisons with Prior Year (Month)
| MONTHLY COMPARISON | SUMMARY October 2024 Variance from Prior Year | |||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| October 2023 | October 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $40,968,036.70 | $16,553,522.79 | -$24,414,513.91 | -59.6% |
| GP - Oil | $21,345.35 | $24,430,632.42 | $24,409,287.07 | 114,354.1% |
| Total | $40,989,382.05 | $40,984,155.21 | -$5,226.84 | 0.0% |
Gross Production Tax Comparisons with Prior Year (Fiscal Year-to-Date)
| 4-Month YEAR-TO-DATE | SUMMARY October 2024 Variance from Prior Year | |||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| Through October 2023 | Through October 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $154,420,855.83 | $84,101,596.91 | -$70,319,258.92 | -45.5% |
| GP - Oil | $59,987.56 | $24,430,632.42 | $24,370,644.86 | 40,626.2% |
| Total | $154,480,843.39 | $108,532,229.33 | -$45,948,614.06 | -29.7% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Month)
| MONTHLY COMPARISON | SUMMARY October 2024 Variance from OMES Estimate | |||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| October 2024 | October 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $39,441,412.03 | $16,553,522.79 | -$22,887,889.24 | -58.0% |
| GP - Oil | $15,124,723.25 | $24,430,632.42 | $9,305,909.17 | 61.5% |
| Total | $54,566,135.27 | $40,984,155.21 | -$13,581,980.06 | -24.9% |
Details may not sum due to rounding.
Gross Production Tax Comparisons with Estimate (Fiscal Year-to-Date)
| 4-Month YEAR-TO-DATE | SUMMARY October 2024 Variance from OMES Estimate | |||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| Through October 2024 | Through October 2024 | $ | % | |
| Taxes | ||||
| GP - Gas | $144,209,032.52 | $84,101,596.91 | -$60,107,435.61 | -41.7% |
| GP - Oil | $15,124,723.25 | $24,430,632.42 | $9,305,909.17 | 61.5% |
| Total | $159,333,755.76 | $108,532,229.33 | -$50,801,526.43 | -31.9% |
Chart 1
General Revenue Comparisons with Prior Year (Month)
| PRELIMINARY (In $ millions) | MONTHLY COMPARISON | SUMMARY October 2024 Variance from Prior Year | ||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| October 2023 | October 2024 | $ | % | |
| Net Income Tax | $323.8 | $346.5 | $22.7 | 7.0% |
| Gross Production | $41.0 | $41.0 | $0.0 | 0.0% |
| Sales Tax | $219.9 | $186.7 | -$33.2 | -15.1% |
| Use Tax | $40.2 | $41.2 | $1.0 | 2.4% |
| Subtotal: Major Taxes | $624.9 | $615.4 | -$9.5 | -1.5% |
| Other Sources (1) | $83.2 | $96.5 | $13.3 | 16.0% |
| TOTAL GEN REVENUE | $708.1 | $711.9 | $3.8 | 0.5% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $708.1 | $711.9 | $3.8 | 0.5% |
(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 Prior Year (Fiscal Year-to-Date)
| PRELIMINARY (In $ millions) | 4-Month YEAR-TO-DATE | SUMMARY October 2024 Variance from Prior Year | ||
|---|---|---|---|---|
| FY 2024 Actual | FY 2025 Actual | |||
| Through October 2023 | Through October 2024 | $ | % | |
| Net Income Tax | $1,243.7 | $1,286.2 | $42.5 | 3.4% |
| Gross Production | $154.5 | $108.5 | -$45.9 | -29.7% |
| Sales Tax | $883.8 | $837.7 | -$46.1 | -5.2% |
| Use Tax | $161.8 | $168.0 | $6.3 | 3.9% |
| Subtotal: Major Taxes | $2,443.8 | $2,400.5 | -$43.3 | -1.8% |
| Other Sources (1) | $250.8 | $280.5 | $29.7 | 11.8% |
| TOTAL GEN REVENUE | $2,694.5 | $2,680.9 | -$13.6 | -0.5% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $2,694.5 | $2,680.9 | -$13.6 | -0.5% |
(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 October 2024 Variance from OMES Estimate | ||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| October 2024 | October 2024 | $ | % | |
| Net Income Tax | $314.7 | $346.5 | $31.8 | 10.1% |
| Gross Production | $54.6 | $41.0 | -$13.6 | -24.9% |
| Sales Tax | $198.6 | $186.7 | -$11.8 | -6.0% |
| Use Tax | $43.6 | $41.2 | -$2.4 | -5.5% |
| Subtotal: Major Taxes | $611.4 | $615.4 | $4.0 | 0.7% |
| Other Sources (1) | $76.0 | $96.5 | $20.5 | 26.9% |
| TOTAL GEN REVENUE | $687.4 | $711.9 | $24.5 | 3.6% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $687.4 | $711.9 | $24.5 | 3.6% |
(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) | 4-Month YEAR-TO-DATE | SUMMARY October 2024 Variance from OMES Estimate | ||
|---|---|---|---|---|
| FY 2025 Estimate | FY 2025 Actual | |||
| Through October 2024 | Through October 2024 | $ | % | |
| Net Income Tax | $1,207.4 | $1,286.2 | $78.7 | 6.5% |
| Gross Production | $159.3 | $108.5 | -$50.8 | -31.9% |
| Sales Tax | $882.9 | $837.7 | -$45.2 | -5.1% |
| Use Tax | $176.7 | $168.0 | -$8.7 | -4.9% |
| Subtotal: Major Taxes | $2,426.4 | $2,400.5 | -$25.9 | -1.1% |
| Other Sources (1) | $225.3 | $280.5 | $55.2 | 24.5% |
| TOTAL GEN REVENUE | $2,651.7 | $2,680.9 | $29.3 | 1.1% |
| Less 1-Time Receipts | $0.0 | $0.0 | $0.0 | 0.0% |
| Recurring Rev. (2) | $2,651.7 | $2,680.9 | $29.3 | 1.1% |
(1) Other sources revenue estimated pending final accounting.
(2) Recurring revenue after subtracting one-time funds.
Details may not sum due to rounding.
