Stimulus reporting–more dead trees don’t help you see the forest

There’s been a lot of news about stimulus reporting the last few weeks. A lot of it has focused on jobs created or saved; that’s understandable since that was a major point of the American Recovery and Reinvestment Act, which… Read more [More...]

Tax cuts and consequences

Plunging state tax collections are wreaking havoc on the state budget and having increasingly painful effects on public services in Oklahoma. Initial estimates were for tax collections for the current year, FY ‘10, to be more than $600 million below… Read more [More...]

Sunk: Mercury Marine fiasco casts light on costs of state subsidy wars

Over the past several months, we have blogged several times on state tax incentives, in particular on the need to strengthen transparency and evaluation of tax credit programs (see our posts here,  here, here and here). The issue  seems to… Read more [More...]

Stimulus reports–some things are illuminated

In October, federal agencies, grantees, and contractors who are getting some of the stimulus (American Recovery and Reinvestment Act or ARRA) money are required to submit six month reports. This post points you to places you can see reports or… Read more [More...]

Continuing bleak revenue collections provide no easy solutions

Yesterday’s announcement of state revenue collections for September marked the end of a truly dismal quarter. Collections for the 1st quarter of FY ’10 were 29.5 percent below the first three months of FY ’09. The graph below shows that… Read more [More...]

Taking credit: Task Force explores use and misuse of transferable tax credits

Are tax breaks for businesses a legitimate tool of economic development, or a form of corporate welfare? The fact is they can be either. The challenge is telling the two apart and ensuring through clear legislative language and ongoing oversight… Read more [More...]

The new Online Budget Guide shows where we are and asks where we should be

Today we released our long-awaited Online Budget Guide, a comprehensive resource exploring how Oklahoma’s state and local government collect and spend money to provide public services. While the Guide is packed full of facts and figures and works as both… Read more [More...]

OK Policy Launches Its New Online Budget Guide

Oklahoma Policy Institute’s Online Budget Guide, a comprehensive look at how Oklahoma state and local governments raise money and provide public services, is now fully available. The Online Budget Guide adds to available information on Oklahoma’s fiscal picture in several… Read more [More...]

How much budget cutting is too much?–SQ 744 and this year's revenue shortfall

The House of Representatives Appropriation and Budget Committee recently held hearings on an interim study of State Question 744. State Question 744, also known as the HOPE petition, is an initiative sponsored by the Oklahoma Education Association (OEA) that would… Read more [More...]

Our Online Budget Guide is coming soon

On October 6, Oklahoma Policy Institute will release its Online Budget Guide. This unique tool for understanding Oklahoma state and local government finances will be valuable both as an introduction for newcomers and as a reference guide for the more… Read more [More...]