Early projections show $612M surplus for Oklahoma in 2019

 

December 19, 2018



OKLAHOMA CITY (AP) — Early projections from state finance officials show Oklahoma's newly elected governor and Republican-led Legislature will have a budget surplus of close to $612 million for the upcoming fiscal year.

Preliminary figures from the Office of Management and Enterprise Services show the state is expected to certify $8.2 billion in funds available for the Legislature to spend in the budget year that begins July 1. That's an 8 percent increase over the current state budget.

The increase is due in part to an improving state economy and increased oil and natural gas production.

The...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Arc
Newsgram

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024