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The Oklahoma Tax Commission (OTC) is the Oklahoma state government agency that collects taxes and enforces the taxation and revenue laws of the state. The Commission is composed of three members appointed by the Governor of Oklahoma and confirmed by the Oklahoma Senate. The Commissioners are charged with oversight of the agency but appoint an ...
The Oklahoma Secretary of Finance, Administration and Information Technology is a member of the Oklahoma Governor's Cabinet. The Secretary is appointed by the governor, with the consent of the Oklahoma Senate, to serve at the pleasure of the governor. The secretary serves as the chief adviser to the governor on fiscal policy, taxation, and the ...
Secretary of Education. Office of the Superintendent of Public Instruction. Anatomical Board. Arts Council. Board of Private Vocation School. Commission for Teacher Preparation. Oklahoma State Department of Education. Oklahoma Department of Libraries. Oklahoma Department of Career and Technology Education.
Oklahoma has enacted a number of taxes on alcoholic beverages. The alcoholic beverage tax on liquor is an excise tax varying in amount depending on the alcohol by volume of the drink and an excise tax of $11.25 on each barrel of low-alcohol beer sold. A special sales tax of 13.5% is levied on the sale of all mixed drinks .
The Budget of the State of Oklahoma is the governor 's proposal to the Oklahoma Legislature which recommends funding levels to operate the state government for the next fiscal year, beginning July 1. Legislative decisions are governed by rules and legislation regarding the state budget process. After the Legislature approves an appropriations ...
There were approximately 1.8 million in the Oklahoma labor force in 2018. The private sector employs 90% of working Oklahomans, with the government (federal, state, and local) employing 9%. The largest employer in the state is the United States Department of Defense , which employs approximately 69,000 workers or 3.8% of all working Oklahomans.
The agency receives both federal and state funding and has additional sources of revenue. The agency received a state appropriation of $753 million and had a total budget of $5.1 billion for fiscal year 2023. The Department of Human Services is the largest employer in Oklahoma state government.
To earn additional revenue for Oklahoma, the state treasurer invests money which is not immediately needed to fund government operations. The office has an average of $5 billion of taxpayers’ money in its investment portfolio. The Treasurer's investments are strictly governed by Oklahoma statutes and the Treasurer's investment policy.