Officials reach deal on state budget

Ponca City Now - May 20, 2015 7:57 am

OKLAHOMA CITY (AP) – Republican leaders in the Oklahoma House and Senate have reached agreement with Gov. Mary Fallin on a roughly $7.1 billion budget for the upcoming fiscal year that will be slightly less than the current year’s budget.

By taking funds from the state’s Rainy Day Fund, Unclaimed Property Fund and agency revolving accounts, House Speaker Jeffrey Hickman said Tuesday that budget writers managed to close nearly the entire $611 million shortfall in this year’s budget.

Funding for public schools remains flat at about $2.5 billion, and the state Department of Health was also unharmed. Colleges and universities will be cut by about 2.4 percent.

While many state agencies will receive cuts of around 7 percent, the Oklahoma Health Care Authority and Department of Corrections both will get modest increases.


Latest Stories

Oklahoma COVID-19 Update for September 24, 2021

  COVID-19 Cases 600,800 New Cases 2,244 New Cases 7 day Average 1,873 Active Cases 15,616...

Dr. Clark Harris’ Presidential Investiture set for Oct. 29 at NOC

NOC-Tonkawa The investiture for Dr. Clark Harris, the 14th president for Northern Oklahoma College, will be held...

East FCCLA Sponsoring Book Drive

Ponca City- The East Middle School FCCLA is sponsoring a book drive to benefit the Oklahoma...