Alva Review-Courier -

Budget surplus to trigger scramble for spending in Oklahoma

 

December 20, 2018



OKLAHOMA CITY (AP) — A rebounding economy and a boom in the state's oil patch is leading to record revenue collections in Oklahoma, but the state's newly elected governor cautioned lawmakers and agency leaders on Wednesday that a $612 million surplus is "not a blank check."

Gov.-elect Kevin Stitt made the comments after the state's Board of Equalization certified a record $8.2 billion in revenue available for lawmakers to spend on next year's budget. That represents an increase of about $612 million over the current year's spending levels.

"Our economy is starting to take off, unemploymen...



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