Here are ten facts to help anyone better understand Oklahoma’s budget and tax system. A great conversation starter! Download the fact sheet, or click on any of the links for additional information from one of OK Policy’s publications
1) Oklahomans…
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This week, State Finance Director Preston Doerflinger announced General Revenue (GR) collections for May. For the month, GR was $36 million, or 9.5 percent, above May 2010 and $25.4 million, or 6.5 percent, above the certified estimate. May collections would…
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By:
Gene Perry
June 13, 2011 // Updated: May 2, 2019
In an earlier post, we discussed tax breaks that had been extended or newly created in the most recent legislative session. The governor promised to eliminate tax credits that “do not create jobs,” but there were no successful bills to…
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By:
Gene Perry
June 6, 2011 // Updated: May 2, 2019
In her first State of the State speech, Gov. Fallin said, ”Our course of action will be simple: only tax credits that create jobs will stay. For instance, my budget begins the process of restoring the Aerospace Engineer Tax Credit,…
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The 2011 legislative session was marked by passage of legislation to limit lawsuit damages, restrict the collective bargaining rights of public employees and the legal rights of teachers, revamp the workers compensation system, and consolidate state agencies. Yet when asked…
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With the 2011 legislative session now wrapped up, we are pleased to release our FY ’12 Budget Highlights, a one-page summary analysis of the budget for the upcoming year, along with eight detailed charts and tables on revenues and appropriations.…
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By:
Gene Perry
May 25, 2011 // Updated: May 2, 2019
A study released today finds that inverting state tax structures—whereby the highest income earners would be taxed at the current percentage of income for the lowest income earners, and vice versa—would raise more than $4 billion in new revenue for…
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OK Policy’s FY ’12 Budget Highlights provides one page of major policy points and 5 pages of detailed graphs and tables on the state budget, including:
Annual state appropriations history, FY ’00 – FY ’12
Annual General Revenue collections, FY…
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The budget deal is done, and nearly every state agency is receiving another round of funding reductions. That leaves an important question: what programs will be cut to make up the loss? How cuts are distributed will have a huge…
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By:
Gene Perry
May 16, 2011 // Updated: May 2, 2019
At the recent Gov 2.0a Conference, the tech-savvy and public-minded came together to discuss ways to bring the latest technology into government. Gov 2.0 is a term you will likely hear again. It represents a number of intersecting (and sometimes…
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