More than $140 million available to return to Oklahoma agencies

Ponca City Now - July 28, 2016 9:30 am

OKLAHOMA CITY (AP) – Oklahoma finance officials say more than $140 million can be reallocated to state agencies because mid-year budget cuts that were ordered amid a revenue downturn were deeper than necessary.

The Office of Management and Enterprise Services announced Wednesday that it determined $140.8 million is available for reallocation following the fiscal year that ended June 30.

Gov. Mary Fallin says she's talking to legislative leaders about the possibility of a special session to consider using the money as part of a teacher pay raise package, although specific details haven't been worked out.

Without a special session, Office of Management and Enterprise Services Director Preston Doerflinger says the money would be equally distributed among agencies that received general revenue allocations.

 

Latest Stories

Update: 5 PEOPLE FOUND DEAD, INCLUDING 2 CHILDREN, IN SW OKLAHOMA CITY HOME

YUKON, Okla. – Oklahoma City police discover five people dead including two children, inside a home...

HOUSEHOLD HAZARDOUS WASTE COLLECTION DAY IS APRIL 27, 2024

Are you wondering how to safely dispose of the poisons, antifreeze or chemicals you cleaned out...

PO-HI Orchestra Takes Home Several Awards

Members of the Po-HI Orchestra traveled to OSU this past Tuesday for the OSSAA Solo and...