By the Watchman
It didn't take long to start talking about the State Budget after the election and we are glad that it is. We decided to report on this subject at this time based on this article here From Ken Miller: Oil and gas tax collections edge up in October gross receipts report. For the first time in eighteen months state revenues showed an increase. A very modest increase at best coming in at just over three percent (3.1%). It falls well short of being able to cover the projected $700 million dollar budget shortfall expected this year. Ladies and Gentlemen that comes to a total of right at $2 billion dollars of a shortfall in our budget over two years. A shortfall that we the citizens have to pay for. We ask the newly formed Education Caucus who they propose to sacrifice in order to give their fellow educators the pay raises they deserve and need. With reports of proposals of between $5,000 and $10,000 dollar increases and the serious shortage of funding we are interested in seeing their proposals.
The next article of interest we found was this Oklahoma state budget and finances - Ballotpedia. Now the figures on this document date from 2014, however they are the most current records available. They do indicate a decrease in spending in the state, but we feel these figures are misleading. This document indicates that Property taxes are not collected. Each county in the state does in fact collect property taxes. These taxes are a primary source for school funding. That would change the entire picture on the percentage of school funding.