" /> Oklahoma Collections Drop $502.5 Million – EastTexasRadio.com
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Oklahoma Collections Drop $502.5 Million

Revenue collections in Oklahoma fell by half a billion dollars in April from a year ago because of the coronavirus pandemic. State Treasurer Randy McDaniel said Thursday that gross receipts fell by $502.5 million to just under $1.1 billion. That’s a drop of 31.8% from April 2019. The biggest hit is a 50.5% drop in income tax collections.