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

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.