Recent Articles

Year-end revenue reports show the way to keep moving Oklahoma forward

In the coming years, state leaders will have to address short-term needs to support programs that improve Oklahomans’ health, safety, careers, and infrastructure, even as they face a growing long-term structural budget deficit. [More...]

Gross Receipts

Gross receipts are the total amount of receipts collected by state government, as reported monthly by the State Treasurer. Gross receipts totals are larger than both state appropriations and the state General Revenue Fund, for several reasons.  First, gross receipts… Read more [More...]

Restoring the Earned Income Tax Credit is necessary and overdue

When the Legislature ended Oklahoma’s Earned Income Tax Credit (EITC) refundability in 2016, they reduced an essential tax benefit for over 200,000 Oklahoma families. Prior to that change, if the amount a family received from the EITC was larger than… Read more [More...]

Smaller state agencies get a bigger piece of the budget, but there’s still a ways to go

Over the past decade, all agencies faced repeated and serious budget cuts, but small agencies were hit hardest, with many seeing their state funding cut by 20 to 50 percent. [More...]

FY 2020 Budget Highlights

Without accounting for inflation, next year’s appropriations will be the largest in state history, surpassing the $7.567 billion budget in FY 2019. When adjusted for inflation, next year’s budget remains 10.2 percent below the budget of FY 2009 and 14.9 percent less than the peak year of FY 2007. [More...]

Budget Overview: The rebuilding project continues

Overall, it's best to think of this budget as a second step on what needs to be a long journey. When adjusted for inflation, this budget is still 10.1 percent  below the FY 2009 level. Over half of state agencies still have lower budgets than they did in FY 2009 without accounting for inflation. [More...]

A day without taxes…

I’ve had it. Why can’t we make society work without taxes? I’m willing to try, I think, as I doze off… [More...]

A day without taxes…

In advance of tax day, we’re resharing this post by Paul Shinn, which originally ran on OK Policy’s blog in 2009. I’m not a fan of tax day. Who is? After several tortuous weeks of determining whether I have excess… Read more [More...]

Growing disconnect between budget politics and reality

Last week we reported that next year’s revenues are expected to be 7 percent below their levels of six years ago (FY ’07), even though costs are higher due to inflation, population growth, and increased caseloads Elsewhere, people seem to… Read more [More...]

An Incomplete Recovery–and a chance to do better

Today we published “An Incomplete Recovery: The State Budget Outlook 2012-2015.” This is the third of our annual series of forecasts for the state budget. Our goals for this project are both to inform leaders and citizens about the state’s… Read more [More...]