Alva Review-Courier -

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....



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