State House Passes 2018 Budget - News9.com - Oklahoma City, OK - News, Weather, Video and Sports |

NEWS

State House Passes 2018 Budget

Posted: Updated:
OKLAHOMA CITY -

The State House of Representatives closed the books on fiscal year 2018 with cuts to all state agencies. 

This is a year most lawmakers would rather just forget. It included almost constant partisan bickering over tax increases, a tobacco tax that was deemed unconstitutional, broken promises of raises for teachers, two special sessions, and a veto by the governor.

Finally, there’s a light at the end of the tunnel.

“Members House Bill 1020 XX is the general appropriation bill that brings into balance the FY 18 budget,” said Representative Kevin Wallace (R) Budget and Appropriations Chair.

“There were no additional monies available so today we used some of the cash that was on hand, we had about $20-million in cuts across all state agencies,” said Representative Jon Echols Majority Floor leader.

Representatives also voted to use another $31-million in carry-over funds to pay for the state’s graduate medical schools after a dispute with the Centers for Medicare and Medicaid Services over a Medicaid waiver. That will cost the state $31.5 million in FTY 2018.

The problem gets even worse in fiscal year 2019, when the state will need an additional $110-million or the medical colleges will lose accreditation.

The silver lining: The Board of Equalization, which estimates tax revenues, is expected to release good news.

“The Board of Equalization is going to show a surplus. We’re going to have additional monies going into the Rainy Day fund. They will not have the ability to do things like a teacher pay raise. That will not exist, but I do think we will have the ability to balance our budget,” Echols said.

The State Senate will now take up the 2018-budget bill where it is expected to pass.

Read Related Story: State Democrats Throw Support Behind New Budget Proposal

Special Features

iPhone App

Get breaking news, weather, sports & video directly on your iPhone.

Politics

Breaking political news & the latest headlines from the state capitol & D.C.

Radars

See where weather is happening using our live interactive radars.

Technology

Spend your money wisely with reviews of new tech gadgets & the latest news in technology.

TV Schedule

Need to know what's on TV? Check out our television schedule.

Live Radar

WARN Interactive

Featured

  • 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.

  • PoliticalMore>>

  • Republican insurgent gives Wyoming Senate incumbent a fight

    Republican insurgent gives Wyoming Senate incumbent a fight

    Saturday, August 18 2018 7:58 PM EDT2018-08-18 23:58:37 GMT
    (AP Photo/Jacquelyn Martin, file). FILE - In this March 20, 2018 file photo, Sen. John Barrasso, R-Wyo., right speaks with Sen. Rob Portman, R-Ohio, after a Republican policy luncheon on Capitol Hill in Washington.  Dave Dodson, a political newcomer an...(AP Photo/Jacquelyn Martin, file). FILE - In this March 20, 2018 file photo, Sen. John Barrasso, R-Wyo., right speaks with Sen. Rob Portman, R-Ohio, after a Republican policy luncheon on Capitol Hill in Washington. Dave Dodson, a political newcomer an...
    Wealthy businessman and political outsider Dave Dodson takes on low-key incumbent Sen. John Barrasso in Wyoming Republican primary.More >>
    Wealthy businessman and political outsider Dave Dodson takes on low-key incumbent Sen. John Barrasso in Wyoming Republican primary.More >>
  • Church group's opposition stuns advocates of 'tort reform'

    Church group's opposition stuns advocates of 'tort reform'

    Saturday, August 18 2018 7:58 PM EDT2018-08-18 23:58:20 GMT
    (AP Photo/Andrew Demillo). In this July 26, 2018 photo, an information booklet about a "tort reform" measure appearing on Arkansas' ballot sits on a table at a breakfast meeting of pastors in Little Rock, Arkansas. The Family Council Action Committee, ...(AP Photo/Andrew Demillo). In this July 26, 2018 photo, an information booklet about a "tort reform" measure appearing on Arkansas' ballot sits on a table at a breakfast meeting of pastors in Little Rock, Arkansas. The Family Council Action Committee, ...
    A so-called tort reform proposal on Arkansas' ballot that expected little trouble winning passage in deeply red Arkansas is running into a surprising obstacle from a reliable conservative ally.More >>
    A so-called tort reform proposal on Arkansas' ballot that expected little trouble winning passage in deeply red Arkansas is running into a surprising obstacle from a reliable conservative ally.More >>
  • Cowboy turned lawmaker hopes to be South Dakota governor

    Cowboy turned lawmaker hopes to be South Dakota governor

    Saturday, August 18 2018 7:58 PM EDT2018-08-18 23:58:11 GMT
    (AP Photo/James Nord). In this Aug. 10, 2018, photo, Democratic governor candidate Billie Sutton campaigns at a fair in Sioux Falls, S.D. Sutton is seeking to become the first Democrat elected South Dakota governor in over four decades.(AP Photo/James Nord). In this Aug. 10, 2018, photo, Democratic governor candidate Billie Sutton campaigns at a fair in Sioux Falls, S.D. Sutton is seeking to become the first Democrat elected South Dakota governor in over four decades.
    Billie Sutton planned to be a world champion saddle bronc rider, but a rodeo accident that claimed his career and ability to walk led to politics _ and he's giving Democrats hopes of capturing South Dakota governor...More >>
    Billie Sutton planned to be a world champion saddle bronc rider, but a rodeo accident that claimed his career and ability to walk led to politics _ and he's giving Democrats hopes of capturing South Dakota governor for the first time in over four decades.More >>
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.