Tag: FY ’12 budget

The Weekly Wonk – May 13, 2011

What’s up this week at Oklahoma Policy Institute? The Weekly Wonk is dedicated to this week’s events, publications, and blog posts. This week at OK Policy we reviewed the state’s FY ’12 budget agreement on our blog.  We applaud leadership… Read more [More...]

The FY '12 budget agreement: Playing your best hand with only half your cards

On Tuesday, Governor Fallin and the Republican leadership of the House and Senate announced an agreement on the FY ’12 budget. Total state appropriations for next year will be $6.511 billion, which is $254 million, or 3.8 percent less than… Read more [More...]

The 5 percent solution?

After two straight years of cuts, the state’s budget situation remains dire. Despite the economic recovery and improving revenue collections, the state faces a huge shortfall for next year. The substantial non-recurring revenues that were used to balance the budget… Read more [More...]

Oil strikes back

When the Board of Equalization met last week and certified more revenue for the upcoming fiscal year, there was one word on everyone’s mind: Oil. Of the total $106 million increase in the February estimate compared to the Board’s initial… Read more [More...]

Breaking down the Board of Equalization revenue numbers

The State Board of Equalization met yesterday to certify revised revenue estimates and appropriations authority for the upcoming year’s budget. Not yawning yet? Then do we have a 6-minute video blog post for you! For the full Board of Equalization… Read more [More...]

An initial look at Governor Fallin's FY12 Executive Budget

On Monday, Governor Mary Fallin introduced her FY ’12 Executive Budget (click here for the full budget or here for appropriations total by agency).  Although state revenues have begun to rebound from the recession, the recovery is projected to remain… Read more [More...]

Where the Money Is

With the state anticipating large budget shortfalls – estimated by Republican legislative leaders as in the vicinity of $600 million –  for the upcoming fiscal year, there is renewed talk from state leaders about the need to protect “core public… Read more [More...]

Not too shabby: Comparing our revenue forecasts and theirs

Earlier this month, we released a brief that provided our projections for state revenue collections for Fiscal Years 2011 through 2014.  Last week, the State Board of Equalization certified its official preliminary revenue estimates for FY ’12, along with updated… Read more [More...]

FY '12 revenue certification: It still adds up to more hard times

The State Board of Equalization met yesterday to certify preliminary revenue estimates for the upcoming budget year, FY ’12. These estimates will form the basis for the Governor’s Executive Budget that will be delivered in early February; the Board will… Read more [More...]

New issue brief: Let's focus on more than "this year's shortfall"

Today OK Policy released “A New Fiscal Reality for Oklahoma: The State Budget Outlook, 2011-2014,” our second annual multi-year budget forecast. Click here for the full 10-page brief or here for the 1-page summary. Dangerously nerdy readers also can check… Read more [More...]