OKLAHOMA CITY (AP) — The Oklahoma Senate has given final approval to a roughly $7.1 billion state budget for the fiscal year that begins July 1, despite concerns that state leaders didn't do enough to rein in millions of dollars' worth of costly tax credits.
The general appropriations bill easily cleared the Senate Friday on a 38-9 vote and now heads to Gov. Mary Fallin, who is expected to sign it.
The bill represents a budget deal that takes funds from dozens of agency revolving accounts and other one-time sources of money to close nearly all of a $611 million budget hole.
Under the plan, most agencies will receive funding cuts ranging from less than 1 percent to 7.25 percent, although some agencies will receive an increase.