Tax incentives–Why not hold them to the same standard as other spending?

I recently attended a meeting of the state’s Incentive Review Committee. This board of citizens is appointed by elected leaders to review some of the hundreds of tax incentives we give to encourage specific economic activities. Dr. Larkin Warner, a… Read more [More...]

What are we buying? Effectiveness measures from our upcoming Online Guide

Like most people who watch public budgets, we tend to focus on what is being spent, at the expense of what is being bought. Our upcoming Online Guide to Oklahoma Budget and Taxes looks at state and local expenditures more… Read more [More...]

Pension system liabilities: the train at the end of the tunnel

It will be worth your time to check out Better, Faster, Cheaper, a blog produced by former Indianapolis Mayor Steve Goldsmith for the Kennedy School of Government. Among its gems is an excellent article by William Eggers, The Pension Time… Read more [More...]

Federal Stimulus Information

It’s back to school for OK Policy’s Stimulus update! Our August 2009 issue profiles over $425 million in new federal money available to Oklahoma’s education system.  This update is a quick and easy way to learn about: Why education programs… Read more [More...]

Is spending the easy part? Stimulus transparency is opaque

As the debate about the speed and impact of stimulus spending rages on, Good Jobs First is taking on the less glamorous but equally important task of assessing accountability in state spending of funds from the stimulus bill (more formally,… Read more [More...]

The Art of budget forecasting

We have not yet reached the end of the first month of the new fiscal year but already Treasurer Scott Meacham has publicly predicted that state General Revenue collections will fall far enough short of the forecast to trigger an… Read more [More...]

Dealing with revenue shortfalls–this year and beyond

Last week, State Treasurer Scott Meacham unveiled the the state revenue report for June, 2009. Revenue was below the previous year, for both  the last  month and the fiscal year as a whole, as we reported earlier. It’s natural to… Read more [More...]

Fewer Exceptions – Tobacco tax revenues rise while sales fall

Five years after voters approved a State Question increasing the tax on tobacco, there is good news to report: over the course of the recently completed fiscal year (FY ’09), tobacco sales in Oklahoma declined by 7.2 percent over the… Read more [More...]

Revenue figures: A tale of two half-years

Treasurer Scott Meacham today released revenue collections for the final month of the just-completed fiscal year, FY ’09. As was widely expected, the numbers were dismal: June General Revenue (GR) collections came in 30.1 percent below last year and 26.2… Read more [More...]

Tobacco Taxes

This spreadsheet provides annual information on Oklahoma tobacco taxes since passage of SQ 713 including: Total stamp sales by tribal and non-tribal retailers; Total revenues from tribal and non-tribal sales; Annual allocation of revenues by funding purpose.… Read more [More...]