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Senate Pro Tem Greg Treat discusses the new budget process the Senate will undertake during the 2024 Legislative Session during a press conference at the state Capitol, Monday, Dec. 4, 2023.
Though it's doubtful that the FY 2025 budget will contain a second tax cut, the FY 25 budget will fund state government for the next year and, in the process, hold back a few billion, just in case ...
The Oklahoma Senate laid its budgetary cards on the table Monday, passing a simple resolution that would allocate about $12 billion for the fiscal year 2025 budget. The measure now goes to the ...
Delegations from Oklahoma's Senate and House of Representatives launched their week with another budget "summit" in an effort to finalize a state budget for the 2025 fiscal year. It was the ...
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 Office of State Finance was created in 1947 by Governor of Oklahoma Robert S. Kerr to replace the State Budget Office. In April 2010, Governor Brad Henry appointed the Oklahoma's first chief information officer following legislation passed in the last session of 2009 modernizing Oklahoma's state government information technology system.
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.
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 ...