Ponca City, OK

Now: 81 °F

Currently: Fair

Hi: 102 °F | Lo: 80 °F

Thursday

Hi: 91 °F 

Lo: 74 °F

Friday

Hi: 91 °F 

Lo: 67 °F

Saturday

Hi: 92 °F 

Lo: 69 °F

Sunday

Hi: 91 °F 

Lo: 68 °F

Monday

Hi: 90 °F 

Lo: 68 °F

Next year’s budget hole estimated at $868 million

The Associated Press - December 21, 2016 11:31 am

Preston Doerflinger

OKLAHOMA CITY (AP) – Oklahoma’s Secretary of Finance says the hole in next year’s budget is expected to be about $868 million, or more than 12 percent of state spending, significantly more than Gov. Mary Fallin estimated last week.

Finance Secretary Preston Doerflinger released budget figures on Tuesday that also project state revenue collections won’t be enough to trigger a further cut in the state’s individual income tax rate from 5 percent to 4.85 percent.

 

Latest Stories

Bristow officer shoots, wounds man during police pursuit

BRISTOW, Okla. (AP) – The Oklahoma State Bureau of Investigation says a drive-by shooting suspect was...

Oklahoma concurrent enrollment grows as funding shrinks

OKLAHOMA CITY (AP) – More Oklahoma high school students are registering for college courses as funding...

Tiger cub sent to Oklahoma City Zoo accepted by new mother 

OKLAHOMA CITY (AP) – A tiger cub that was rejected by her mother at the Philadelphia...