Equalization Board

This Week in Oklahoma Politics, KOSU's Michael Cross talks with Republican Political Consultant Neva Hill and ACLU Oklahoma Executive Director Ryan Kiesel about nearly $600M extra for the state to allocate in the coming fiscal year, incoming Governor Kevin Stitt nominate Blayne Arthur to be the state's first female Secretary of the Agriculture and a federal judge declares an OKC ordinance banning panhandling in certain medians constitutional.

New State Revenue Estimates Are Met With Caution

Dec 20, 2018
LLUDO / FLICKR (CC BY-NC-SA 2.0)

Oklahoma’s Board of Equalization says incoming lawmakers may have roughly $612 million more to spend in fiscal year 2020, which begins in July. That would be an increase of 8 percent compared to 2019.

Michael Cross / KOSU

Oklahoma lawmakers are facing another shortfall for 2019, but it's not expected to be as bad as past years.

The Equalization Board approved a budget with a shortfall of $167 million for lawmakers to allocate for the next fiscal year to start on July 1st.

Meanwhile, Governor Mary Fallin says she plans to sign a 2018 budget bill which includes $45 million in cuts to state agencies, because she says it’s time to close out this year’s budget.