OKLAHOMA CITY (AP) - The Oklahoma Legislature has worked out a deal with the governor on a budget for the current fiscal year, and
now must take up the task of crafting a budget for the upcoming
fiscal year - which looks to be even worse.
Lawmakers learned last week they have about $5.4 billion to
spend on the budget for fiscal year 2011 that begins July 1. That
amount is $1.2 billion less than they appropriated last year and
likely will result in major cuts across state programs.
State Sen. Mike Johnson, chairman of the Senate Appropriations
Committee, said it will be a very difficult task. Without new
sources of revenue, there will have to be deeper cuts than already
put in place for the current year.