Oklahoma Legislature Sees $212 Million Increase in State Budget - KATV - Breaking News, Weather and Razorback Sports

Oklahoma Legislature Sees $212 Million Increase in State Budget

Posted: Updated:
Oklahoma City, OK -

The Oklahoma Legislature will have $7 billion in revenue to spend on the coming fiscal year's budget, an increase of $212 million over what was appropriated last year.

The State Board of Equalization approved the final figures on Tuesday, giving legislators the final amount they will have to appropriate to various agencies and programs for the fiscal year that begins July 1.

Gov. Mary Fallin says her priorities for the additional revenue are increased funding for common education and cut in the personal income tax rate.

As a result of the Tuesday's certification, state finance officials are projecting a surplus of $83 million will be deposited into the state's Rainy Day Fund. That July deposit will increase the amount in the constitutional reserve fund to $660 million, an all-time record.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most Popular

Stories
Videos
loading...
  • Most Popular StoriesMost Popular StoriesMore>>

  • Little Rock man arrested for breaking in sister's home and stealing thousands in items

    Little Rock man arrested for breaking in sister's home and stealing thousands in items

    Wednesday, April 23 2014 6:43 PM EDT2014-04-23 22:43:25 GMT
    LITTLE ROCK (KATV) --A Little Rock man remains in jail after police say he broke in and stole thousands of dollars worth of items from his own sister. Christiney Harvey told police after returning home from being in the hospital for several days she noticed the front window to her home shattered, and the door open. Little Rock police tell us they have arrested Harvey’s brother, 25-year-old Gregory Fisher, for breaking into her home on Potter Street. According to the police report bank cards,...More >>
    LITTLE ROCK (KATV) --A Little Rock man remains in jail after police say he broke in and stole thousands of dollars worth of items from his own sister. Christiney Harvey told police after returning home from being in the hospital for several days she noticed the front window to her home shattered, and the door open. Little Rock police tell us they have arrested Harvey’s brother, 25-year-old Gregory Fisher, for breaking into her home on Potter Street. According to the police report bank cards,...More >>
  • Homeless man charged with murder, local shelter reacts.

    Homeless man charged with murder, local shelter reacts.

    Wednesday, April 23 2014 9:53 PM EDT2014-04-24 01:53:52 GMT
    Little Rock (KATV)---The homeless man who is being charged with first degree murder is being held on a $1 million bond. Little Rock police say 45 year old Leslie Webb got the attention of officers at La Harpe Boulevard and State Street Tuesday night. The report stated that Webb told an officer he was staying near 1400 North Street. Webb then told officers that a man woke him up by shining a light in this face, and then started hitting Webb with it. Police say that officers saw a noticeable am...More >>
    Little Rock (KATV)---The homeless man who is being charged with first degree murder is being held on a $1 million bond. Little Rock police say 45 year old Leslie Webb got the attention of officers at La Harpe Boulevard and State Street Tuesday night. The report stated that Webb told an officer he was staying near 1400 North Street. Webb then told officers that a man woke him up by shining a light in this face, and then started hitting Webb with it. Police say that officers saw a noticeable am...More >>
  • Stolen Home

    Stolen Home

    Stolen Home

    Wednesday, April 23 2014 7:54 PM EDT2014-04-23 23:54:44 GMT

    One Lonoke County woman's dream of home ownership didn't last long.  She is facing eviction amidst allegations that her home is stolen.

    More >>

    One Lonoke County woman's dream of home ownership didn't last long.  She is facing eviction amidst allegations that her home is stolen.

    More >>