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State budgets make up some ground lost in recession

State budgets make up some ground lost in recession

Tulsa World
BY WAYNE GREENE World Senior Writer
Monday, December 19, 2011
12/19/2011 4:26:53 AM

OKLAHOMA CITY - The state of Oklahoma - like 28 other states - has a smaller general fund budget than it did three years ago, a national report shows.

Like 30 other states, Oklahoma has fewer state employees than it did two years ago.

The annual Fiscal Survey of States, produced by the nonpartisan National Governors Association and the National Association of State Budget Officers, gives a series of snapshots of how the Great Recession has impacted Oklahoma and the other states.

The reports' primary theme: Most states are seeing their fiscal condition improving in the current budget cycle but are likely to remain constrained next year.

Thirty-eight states report that general fund spending went up last year and 43 have passed budgets that would mean higher spending this year, but state spending is yet to reach pre-recession levels - a measure of how steep the fall was... FULL ARTICLE

 

2 comments (Add your own)

1. Lucky wrote:
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Tue, December 27, 2011 @ 11:21 PM

2. zueuoxktke wrote:
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Wed, December 28, 2011 @ 4:54 AM

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