Ponca City, OK

Now: 21 °F

Currently: Fair

Hi: 32 °F | Lo: 26 °F

Thursday

Hi: 40 °F 

Lo: 31 °F

Friday

Hi: 46 °F 

Lo: 43 °F

Saturday

Hi: 55 °F 

Lo: 26 °F

Sunday

Hi: 56 °F 

Lo: 33 °F

Monday

Hi: 57 °F 

Lo: 36 °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

Arkansas City High School student arrested for criminal threat

ARKANSAS CITY, Kan. — The Arkansas City Police Department arrested a 15-year-old Arkansas City High School...

Don’t miss Washington Prekindergarten Center’s silent auction, book fair and math Bingo night

 The Washington Prekindergarten Center is holding a Silent Auction in conjunction with their Book Fair and...

NOC closes Stillwater campus early, night classes canceled at all locations

Due to the winter storm, NOC Stillwater will close at 2:30 p.m. today. All other NOC...