Governor Brad Henry delivered his Executive Budget for the upcoming year, FY ’10, on February 2, 2009. Despite declining state revenues, the Governor was able to present a balanced $7.084 billion budget without tax increases, across-the-board budget cuts, or use of the state’s Rainy Day Fund reserves. He did so by proposing over $330 million of revenue-generating measures, including a number of fee increases, and almost $50 million of targeted cuts to agency budgets.
You can read OK Policy’s budget brief examining the Government’s budget (PDF) or downloading our detailed spreadsheet of the Governor’s budget recommendations for each appropriated state agency (Excel spreadsheet).