Ponca City, OK

Now: 61 °F

Currently: Cloudy

Hi: 85 °F | Lo: 47 °F

Wednesday

Hi: 58 °F 

Lo: 39 °F

Thursday

Hi: 66 °F 

Lo: 49 °F

Friday

Hi: 70 °F 

Lo: 51 °F

Saturday

Hi: 60 °F 

Lo: 45 °F

Sunday

Hi: 56 °F 

Lo: 40 °F

$600 million deficit expected for state budget

The Associated Press - December 15, 2016 10:09 am

OKLAHOMA CITY (AP) – Oklahoma Gov. Mary Fallin says early projections are that the Legislature will have to grapple with a deficit of as much as $600 million in next year’s budget.

Fallin said Wednesday that she expects a shortfall of between $500 million to $600 million, or nearly 10 percent of state spending, when the State Board of Equalization meets next week to certify available revenues.

 

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