Tentative Deal Reached On Oklahoma State Budget - News9.com - Oklahoma City, OK - News, Weather, Video and Sports |

Tentative Deal Reached On Oklahoma State Budget

Posted: Updated:
File photo. File photo.

Oklahoma House Speaker Jeff Hickman says negotiators are finalizing details of a $7.1 billion budget proposal for the fiscal year that begins July 1.

The tentative agreement announced Friday represents a cut of about $100 million from the current fiscal year's budget. Hickman says he hopes a bond issue to repair the state's crumbling Capitol is part of the final agreement.

State Secretary of Finance Preston Doerflinger says public schools will receive an additional $80 million under the plan, while money also is included for pay raises for targeted state workers such as prison guards and child welfare workers.

The budget taps agency revolving funds and uses other money to make up most of a $188 million shortfall in the budget.

More details are to be released later Friday.

Live Radar

WARN Interactive


  • Business News

    Find news on Oklahoma's economy, local business, the banking industry and more.

  • Murrah Bombing Timeline

    Learn more about the events leading up to and following the bombing.

  • Your Vote Counts

    Hear both sides of Oklahoma politics with Your Vote Counts.

Powered by Frankly
News 9
7401 N. Kelley Ave.
Oklahoma City, OK 73111
News9.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2018 KWTV. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.