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The budget crisis of the 2011 Oklahoma state budget caused the Oklahoma State Treasurer's Office to estimate that the 2012 budget would see a $600 million budget shortfall. Following the December 2010 meeting of the Oklahoma State Board of Equalization, the Board certified that the 2012 budget would see a shortfall of $400 million from 2011 levels.
In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years. Note that a fiscal year is named for the calendar year in which it ends, so "2022-23" means two fiscal years: the one ending in calendar year 2022 and the one ending in calendar ...
The Budget of the State of Oklahoma is the governor's proposal to the Oklahoma Legislature which recommends funding levels to operate the state government for the next fiscal year, beginning July 1. Legislative decisions are governed by rules and legislation regarding the state budget process.
The FY 2025 agreement, which lawmakers decided on Wednesday, sets the Oklahoma State Department of Education’s budget at $3.86 billion. On its face, it looks like a cut from the agency’s ...
The Oklahoma Senate closed out week two of a budget stalemate with the House of Representatives Thursday, no budget bills being heard
The Oklahoma State Budget for Fiscal Year 2013, is a spending request by Governor Mary Fallin to fund government operations for July 1, 2012–June 30, 2013. Governor Fallin proposed the budget on February 6, 2012.
Oklahoma lawmakers are expected to give final passage this week to the $9.8 billion proposed state budget for the upcoming fiscal year. Proposed $9.8B Oklahoma state budget includes direct $75 ...
This is because a budget deficit means that a government has deposited, over the course of some time range, more money and bonds into private holdings than it has removed in taxes. A budget surplus means the opposite: in total, the government has removed more money and bonds from private holdings via taxes than it has put back in via spending.