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Budget & Taxes

Featured Report
May 23rd, 2018

In late March, on the eve of an anticipated teacher walk-out, Oklahoma lawmakers approved a series of bills intended to provide pay raises for teachers, school support staff, and state employees. To pay for the raises, lawmakers approved a number of revenue measures, including HB 1010xx, which managed to overcome the three-quarter supermajority requirement for tax increases established under State  Continue Reading »

Recent Articles & Reports
July 9th, 2018

Steve Lewis served as Speaker of the Oklahoma House of Representatives from 1989-1991. He currently practices law in Tulsa and represents clients at the Capitol. According to State Treasurer Ken Miller, gross receipts to the state treasury during FY-18 were at an all-time high. Receipts for the 12 months ending June 30, 2018, were $12.18 billion, an increase of $1.2 billion, or  Continue Reading »

May 23rd, 2018

In late March, on the eve of an anticipated teacher walk-out, Oklahoma lawmakers approved a series of bills intended to provide pay raises for teachers, school support staff, and state employees. To pay for the raises, lawmakers approved a number of revenue measures, including HB 1010xx, which managed to overcome the three-quarter supermajority requirement for tax increases established under State  Continue Reading »

May 17th, 2018

[Download this report as a PDF.] The FY 2019 budget increases funding significantly from recent years. State agencies will be appropriated a total of $7.567 billion in FY 2019. This is an increase of $718.5 million (10.5 percent) compared to the initial FY 2018 budget approved last May, and an increase of $601 million (8.6 percent) compared to the final  Continue Reading »