$9.7 billion balanced budget approved
May 25, 2022
With about a week to spare, we successfully passed the Fiscal Year 2023 budget. As required by our state’s constitution, we approved a $9.7 billion balanced budget that utilized our state revenues in a variety of ways – bolstering our savings account, investing in a variety of public safety needs and providing inflation relief for all Oklahomans.
Headlining the 2023 budget is the highest balance of our state’s savings account in Oklahoma history. With our deposits from this year’s revenues, we’ll have $2.6 billion in the bank to use in future economic downturns. Like many of you,...