Local & Regional
Tue May 22, 2012
Deal on $6.8-Billion State Budget
OKLAHOMA CITY (AP) — Gov. Mary Fallin and leaders of Oklahoma's GOP-controlled Legislature have reached an agreement on a $6.8 billion budget to fund state agencies for the upcoming fiscal year.
Senate Appropriations Committee Chairman Clark Jolley unveiled the general appropriations bill late Monday in a Senate committee that contained details of the budget plan.
Jolley says the final budget reflected a 3.13 percent increase in state spending above last year's budget, with virtually all of the growth revenue going to fund transportation and health care.
Most of the other state agencies received an essentially flat budget. Jolley says about $52 million in supplemental funding for teacher bonuses and health care benefits for teachers was annualized as part of the Department of Education's budget.