OKPOLICY.ORG
In the fall of 2004 Oklahoma voters approved three controversial revenue-raising measures that offered the promise of increasing state funding for key public services: a state lottery (SQ 705 and SQ 706), gaming compacts (SQ 712), and tobacco tax increases (SQ 713). OK Policy has produced a set of fact sheets examining the funding generated by these new revenue sources.We found that the three measures generated a combined $287 million in FY ’08 for education and health care; however, these gains from new revenues have been more than offset by lost funding resulting from tax cuts approved in recentyears.
Click on the SUMMARY document below (PDF) to download a summary fact sheet looking at the combined revenue and funding impact of these three measures; this documents includes our detailed one-page fact sheets on each of the three measures. Or you can download any of the detailed fact sheets on SQ 705 & 706, SQ 712 or SQ 713 separately.
