$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.

 

Latest Stories

Community Invited to Back-to School Prayer Walk

The First United Methodist Church, PC invites you to the annual Back-to-School Prayer Walk. The event...

Lawmakers Call for Change After Abuse Allegations Emerge

OKLAHOMA CITY –  Five lawmakers are calling for state Rep. Sean Roberts to drop out of the GOP runoff for...

Epic Charter School Reaches Compliance Milestone With Virtual School Board Of Ed.

OKLAHOMA CITY –  Epic Charter Schools leaders announced Tuesday that they have reached full compliance with...