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Governor, Oklahoma lawmakers reach deal on budget

Governor, Oklahoma lawmakers reach deal on budget

NewsOK


BY MICHAEL MCNUTT

Published: January 27, 2010

A combination of targeted cuts, tapping the state’s savings account and federal stimulus funds will be used to balance this fiscal year’s budget, the governor and legislative leaders announced Tuesday.

The monthly allocation for most state agencies will continue to be reduced by 10 percent through June, the end of the fiscal year.

Some agencies will be spared 10 percent cuts.

A handful of agencies in education, health and public safety will subsequently receive additional appropriations to supplement their budgets this year and decrease their share of the overall reduction, according to the agreement. As part of the pact, priority status was assigned to public schools, higher education, the Oklahoma Health Care Authority and prisons. Each will receive a supplemental appropriation... FULL ARTICLE

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