The measure calls for per-pupil spending to be at neighboring states' levels.
Tulsa World
By BARBARA HOBEROCK World Capitol Bureau
Published: 7/21/2010 2:22 AM
Last Modified: 7/21/2010 9:33 AM
OKLAHOMA CITY — A ballot measure that would require per-pupil spending to be increased to that of neighboring states would cost $1.7 billion over three years, according to the Oklahoma Policy Institute.
The increase would be over a three-year phase in from fiscal year 2012 through fiscal year 2014, according to the 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," the institute said.
"This situation would necessarily require deeper budget cuts, tax increases or both, even assuming a strong economic turnaround."
The formula in the measure would give budget decisions to entities outside of the state, the report said.
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. It got on the ballot after the circulation of an initiative petition... FULL ARTICLE
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Wed, July 21, 2010
by Crystal Drwenski