On Thursday, Treasurer Scott Meacham declared a revenue shortfall for the current budget year, FY ’09, and announced that state agencies would be required to take an across-the-board cut in their allocations for June, the final month of the fiscal…
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By:
Paul Shinn
June 4, 2009 // Updated: May 1, 2019
Just a day after Governor Brad Henry signed the state budget for FY ’10, Oklahoma Policy Institute released its annual budget review. And the new fiscal year, which starts July 1, promises to be an interesting one:
all agencies face…
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By:
Paul Shinn
June 2, 2009 // Updated: May 1, 2019
Federal stimulus money has been in the news nationally and in Oklahoma. It has expanded or stabilized a wide range of public services. The recently-completed state budget for FY’10 used $641 million of stimulus funding to make up for over…
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By:
Paul Shinn
May 28, 2009 // Updated: May 2, 2019
In the first year that Republicans fully control the Legislature, who would expect we’d have so little to report from the tax cut beat? The economy and a $600-plus million revenue shortfall, of course, were major factors in tax decisions.…
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By:
Paul Shinn
May 27, 2009 // Updated: May 1, 2019
Stateline.org is an indispensable–and free–source of news and analysis on just about every aspect of state government. Last week, staff author Pamela M. Prah provided an excellent analysis on the state of California’s budget crisis and–more importantly for us–what other…
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By:
Paul Shinn
May 26, 2009 // Updated: May 1, 2019
Though the dust hasn’t yet settled at the Capitol, Oklahoma’s Legislature has nearly finished a budget for FY’10, which starts July 1. The final budget totals $7.231 billion. Legislators used $641 million from the federal stimulus bill to make up…
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When legislative leaders and the Governor announced the FY ’10 budget deal last Friday, they stated that the agreement “protects the four core functions of government, including education, health care, corrections and transportation.” It may not be that simple. The…
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It is clear that the $7.2 billion FY ’10 budget agreement reached by legislative leaders and the Governor will lead to a tough and painful year ahead as agencies struggle to address increased costs and growing caseloads on flat or…
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A new report by our friends at the Center on Budget and Policy Priorities shows that the approach Oklahoma policymakers are taking to the current fiscal crisis – implementing budget cuts without drawing down reserves or looking at raising revenues…
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The initial reports on the agreement for the Fy ’10 budget reached on Friday between legislative leaders and the Governor were positive – due to the availability of over $600 million in federal stimulus dollars, key education, health care, and…
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