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

Homecoming Parade is Thursday, Game Friday in Ponca City

The annual Po-Hi Homecoming parade will be held on Thursday, September 29 beginning at 6:00 pm....

Final Ponca City Arts & Humanities Council Music in the Garden 2022 is Thursday

Week #4 of Music in the Garden 2022 is Thursday, September 29 at the Cann Memorial...

Oklahoma Highway Patrol Releasing More Details of Noble County Crash on I-35

NOBLE COUNTY, Okla. – According to the Oklahoma Highway Patrol, one person died and seven others were...