Alva Review-Courier -

Without new revenue, another budget hole looms for Oklahoma

 

December 21, 2017



OKLAHOMA CITY (AP) — Despite some economic growth and increased revenue from new laws passed this year, Oklahoma finance officials projected on Wednesday that lawmakers still will face a budget hole next year because of how much non-recurring revenue was used this year.

The Board of Equalization led by Gov. Mary Fallin certified that lawmakers will have about $5.7 billion available to spend on next year's budget. But finance officials warned the state's budget picture is still hazy because the Legislature hasn't finalized the current year's state budget.

Shelly Paulk, deputy budget direct...



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