Total Oklahoma general fund collections declined slightly in March but the corporate income tax was a bright spot, posting an increase from March 2012 of 40% and up 50% from what was expected by state budget forecasters.

“The sharp upward climb in corporate income tax collections is extremely encouraging. Our economy is still expanding, although perhaps at a more moderate pace,” said finance secretary Preston L. Doerflinger, Gov. Mary Fallin’s chief budget official.

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