Tulsa World
By BARBARA HOBEROCK World Capitol Bureau
Published: 7/20/2010 11:58 AM
Last Modified: 7/20/2010 2:10 PM
OKLAHOMA CITY - An Oklahoma Policy Institute analysis of a ballot measure requiring per pupil spending to rise to the regional average will cost $1.7 billion over three years.
The increase would be over a three-year phase from fiscal year 2012 through fiscal year 2014, according to the Oklahoma Policy Institute report released Tuesday.
"This would come at a time when the state is already facing a budget hole of over $1 billion in non-recurring revenues and core services are struggling to recover from two years of reduced funding," according to the Oklahoma Policy Institute. "This situation would necessarily require deeper budget cuts, tax increases or both, even assuming a strong economic turnaround."
State Question 744 is among several questions to be put to voters on the Nov. 2 general election ballot. It is backed by the Oklahoma Education Association.
David Blatt, Oklahoma Policy Institute executive director, said the group is urging Oklahomans to defeat the measure... FULL ARTICLE
Posted on
Tue, July 20, 2010
by Crystal Drwenski