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Economic Freedom
A Look at the 2017 CAFR

January 18, 2018 - 11:37am CST

The Comprehensive Annual Financial Report (CAFR) is a document put together by the Office of Management and Enterprise Services (OMES) to show the financial position of the state over the past fiscal year. Numerous financial activities are recorded in the CAFR, such as state pension funding levels, ... READ MORE

Film Rebate Payments Since 2010

January 17, 2018 - 1:49pm CST

Since 2010, the Oklahoma Film + Music Office has given $20,282,491.09 through its Oklahoma Film Enhancement Rebate Program. Title Rebate Amount Overexposed $175,737.31 I Can Only Imagine $1,591,176.00 Wildlife $... READ MORE

State Revenues Up. Again.

January 12, 2018 - 10:02am CST

The latest press release from the Oklahoma Treasurer shows another month of revenue growth. With this past December exceeding the collections from December 2016, it marks the eighth straight month of year-over-year increases in revenue collections. Just over one billion dollars was collected during... READ MORE

Can I please work?

January 8, 2018 - 3:04pm CST

Occupational licensing laws give government power to decide who has permission to work. Reasons given for licensing laws often include health or public safety concerns, but licensing regimes can become roadblocks on the path to an honest living. This is especially true for people from low-income fam... READ MORE

A Look Back: 25 Years of State Spending

December 22, 2017 - 10:06am CST

The data analyzed in these charts come from Oklahoma’s comprehensive annual financial report (CAFR) created by the Office of Management and Enterprise Services. Because of the long time period (25 years), the numbers are adjusted for inflation. Whether considering the spending totals or spending per... READ MORE

How Does Oklahoma Rank in Tax Climate Study?

December 22, 2017 - 8:36am CST

By Curtis Shelton The Tax Foundation recently released its 2018 State Business Tax Climate Index. The report gauges how each state’s tax system compares to the others and ranks each one. In this year’s edition, Oklahoma is ranked 32nd. The index measures five components of a state’s tax system: in... READ MORE

Off The Charts

December 20, 2017 - 9:45am CST

Gov. Mary Fallin, during the regular and first special legislative sessions, repeatedly used a chart showing cuts to state agencies since 2009. This chart is supposed to make the case for increasing taxes to boost state government spending. The Governor's numbers, however, only include appropria... READ MORE

November Gross Receipts

December 15, 2017 - 3:31pm CST

Oklahoma State Treasurer Ken Miller has released the gross receipts collection numbers for November. His report is good news for state agencies and reflects a recovering Oklahoma economy. Revenue collections were 12% higher in November 2017 than in the same month last year. This is the eighth month ... READ MORE

When It Comes to Cost of Living, Red States Win

December 11, 2017 - 3:39pm CST

By Byron Schlomach Blue states generally offer richer social benefits on paper. So at first glance, it seems like you’re better off being poor in California than in Mississippi. On the other hand, some in blue states have complained about how red states get more money from the feds per dollar of f... READ MORE

Did Harvey Weinstein Benefit from Oklahoma’s Hollywood Handout?

November 3, 2017 - 3:12pm CDT

Photo by Georges Biard / CC BY-SA 3.0 Businesses mostly maximize profits. Big businesses often discover one way to do this is to get special tax deals for their particular industry. Hollywood is a big business, and has followed this game plan in state capitols, including in Oklahoma City. Current s... READ MORE

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