Panel revises Oklahoma revenue projections by $37.8 million

 

February 21, 2019



OKLAHOMA CITY (AP) — The Oklahoma Legislature will have $37.8 million less to spend than was forecast just two months ago after the state Board of Equalization certified an $8.2 billion budget Wednesday that still represents a major increase over the current one.

Although lacking some of the extra money initially projected, the state's budget would see a $574.5 million hike after years of declining revenue that led to cuts to education, health and other state agencies.

Republican Gov. Kevin Stitt, who chairs the six-member board that provides the revenue estimates, called the report "encouragi...



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