Senate leader: State budget was in trouble before virus

“The oil and gas industry, even before this (virus) spread, was having difficult times... So we were seeing some downward forecasting even from the February certification.”


When the State Board of Equalization approved the revenue estimates used by lawmakers for budget writing, the state faced a shortfall of $85 million. Things have gotten much worse since that February meeting due to the COVID-19/coronavirus event, but Senate President Pro Tempore Greg Treat said the....

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from Oklahoma Council of Public Affairs Senate leader: State budget was in trouble before virus