The temporary shutdown of the federal government this past month put many folks back in recession spending mode. Oklahomans, however, didn’t seem to be collectively impacted.
State officials on Tuesday said general revenue collections were up more than 2 percent from October 2012 collections. They were a bit below estimate, but then again, no one anticipated the federal logjam. State officials said revenues tend to be trending upward.
Year to date, the state still lags a bit, which concerns those preparing for the next budget cycle. For the first four months of the fiscal year, revenues are down about 2.5 percent. Gov. Mary Fallin has warned state agencies to continue finding efficiencies and taxpayer savings.
The governor’s advice is not stopping them from making public their needs. Higher education officials and those from corrections already have announced that they will seek increased appropriations when the legislature meets this spring.
Breaking news, severe weather alerts, AMBER alerts, sports scores from The Norman Transcript are available as text messages right to your phone or mobile device. You decide which type of alerts you want to receive. Find out more or to signup, click here.