OKPOLICY.ORG
On February 17, 2009, the Board of Equalization met and certified a revised, binding estimate of revenues available for appropriation in the upcoming budget year, FY ’10. With the national economic downturn now hitting the state, the Legislature will have $612 million less to appropriate than was available in FY ’09. This amount is $302 million less than under the initial certification in December.
OK Policy has prepared a spreadsheet that compares General Revenue projections for FY ’09 and FY ’10 to prior years and looks at appropriations authority by fund.
