Investor Presentaiton

Sales taxes as a share of total revenues have remained relatively flat at 29 percent over the last decade, but will go up as more emphasis on sales tax as of Special Session 2016 • PIT have steadily increased in total share of revenues from about 5 percent in early 1980s to 28 percent in 2015. Most significant impact is federal tax policy. Over the last decade, mineral revenues have consisted of about 13 percent of state revenues (taxes, licenses, and fees). This is compared to the 1980s when mineral revenues consisted of about 27 percent of state revenues with a peak of over 40 percent in early 1980s.

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