Thursday, February 08, 2018

Fallin's budget shows NO FY2019 budget shortfall

An interesting note from page 15 of Governor Fallin's FY2019 Executive Budget proposal:

As the overall economy has improved, the "sky is falling!" projections of a massive, multi-hundred million dollar budget shortfall have lessened and lessened, with Governor Fallin's own budget proposal now showing that the state will have just under $60M more to appropriate than in the FY2018 budget.

Her budget builds on that sum by adding just over $696M in new taxes, and adding $723M in new spending, cutting that $60M surplus over the FY2018 budget in half.

BONUS - here as some recent articles on the Fallin/Step Up tax hikes from Bloggers Organized for Oklahoma Taxpayers: