State budget breakdown should include savings
For several months now, state revenues have been rolling in above the estimates, pointing to a bright economic future for Oklahoma.
Last week the state Board of Equalization (BOE) verified the positive fiscal outlook by certifying their preliminary revenue estimate for fiscal year 2023.
We will hit another historic high as they estimate the Legislature could have just over $10.3 billion to appropriate this coming session.
While this is wonderful news, it’s important that we proceed with caution and not spend all of these funds.