OKLAHOMA CITY (AP) — State tax collections took a dive in April, raising the possibility that the state will not have enough money to pay its bills for the current fiscal year.
Tax collections in April were 21.6 percent below the same month a year ago and 21.1 percent below the estimate upon which the state budget is based for the fiscal year ending June 30.
A similar drop in collections next month would force across-the-board state agency budget cuts under the Oklahoma Constitution.
April collections for all major tax categories were well below the estimate. They are sales, oil and gas and income taxes.
Local news
May 12, 2009
NEW: Revenue takes steep dive in April
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Arraignment set for murder trial
An Enid man was bound over for trial on a first-degree murder charge following a preliminary hearing Friday in the death of a 53-year-old man at a bar on Valentine’s Day.
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Police arrest woman following bank robbery
Barbara Schneider-Orf, 49, was booked into Garfield County Detention Facility on complaints of robbery with a firearm, possession of a firearm during commission of a felony, resisting arrest and attempting to elude police officers.
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OBA graduates its largest class in history
A capacity crowd was on hand Friday night to send off 48 graduating seniors at Oklahoma Bible Academy, the largest graduating class to depart the private Christian school in its 100 years.
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State House asks DHS to keep centers from closing
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Man sentenced in 2 rape trials
An Enid man convicted of first- and second-degree rape in two separate trials this year was sentenced Friday to six years in prison.
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Local News Briefs for 5-26-2012
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Traveling Vietnam Wall gets fundraising boost
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Storms moving across western Oklahoma
Shortly before 9 p.m., radar indicated a small area of showers and thunderstorms extending from Cheyenne and Reydon to Higgins and Arnett. The storms are moving to the north around 35 mph.
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Kinnear tapped for VP role at Continental
Kirk Kinnear brings with him 33 years of crude oil marketing, international arbitrage, refinery supply, energy trading and hedging experience.
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No reason to drink, drive this weekend
AAA Oklahoma is offering Tipsy Tow over the extended Memorial Day holiday period. The service is free and open to the public.
To call for Tipsy Tow, dial (800) AAA-HELP and ask for Tipsy Tow. AAA will provide a free tow and a free ride for the vehicle and up to two people, no questions asked, within a 15-mile radius from point of pickup.
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