Murdock's Minutes: The budget explained
May 22, 2020
When the 2020 legislative session convened last February, no one could have predicted how quickly so many things would change here in Oklahoma because of COVID-19. While we’ve passed legislation to help with Oklahoma’s response and given approval to emergency health orders, the biggest impact has been on the Fiscal Year 2021 budget.
In April we were told by the governor the anticipated funding gap had grown from $85.5 million to $1.3 billion due to the effect of the pandemic on our economy and state revenues. We knew the budget would be impacted but had questions about how that $1.3 bil...