A quick look at the new state budget
Though the dust hasn’t yet settled at the Capitol, Oklahoma’s Legislature has nearly finished a budget for FY’10, which starts July 1. The final budget totals $7.231 billion. Legislators used $641 million from the federal stimulus bill to make up for a state revenue decline of more than $600 million. The resulting spending total is 1.5 percent higher than last year’s, counting the stimulus. Without the stimulus, state spending is down 7.1 percent.
OK Policy will shortly be releasing a full-fledged issue brief that will look in detail at the numbers and what they could mean in FY’10 and beyond. Meanwhile, we have put together a four-page fact sheet that shows how this year’s budget fits into historical perspective, where the money comes from, and how it is allocated among state agencies.(With the Senate’s abrupt adjournment on Friday, some appropriation bills await final passage. The numbers in the fact sheet are based on appropriation bills that have passed both chambers or been voted out of conference committee.)

Recently, Louisville, KY negotiated a deal with Kentucky Fried Chicken to have KFC pay to fill in pot holes in exchange for the right to advertise on those potholes. Upon hearing this, the first thought I had was about the ugliness of the advertising that accompanies the over commercialization in our society. However, a few days later, I heard an
Is it really that bad? Is that really how we want to finance education in this country? We should all be thankful that, in Oklahoma, we haven’t pitted properly funding such a critical public service as education against selling advertising and endorsing something that may not be healthy for our children. Could you imagine if the schools were so underfunded that they relied on the revenue from Coca-Cola or Pepsi to make their budgets? Could you imagine if we, as a community, were so unwilling to pay the necessary amount required to ensure that our next generation was properly educated and healthy that we were willing to allow them to fill their maturing bodies with caffeine and corn syrup and potato chips just so that the school districts could get the revenue from soda companies and vending machines? Let’s be thankful that we have not become that off base in our priorities…or have we?
