Claremore Daily Progress

Top Stories

October 14, 2013

‘Flat budgets’ possible for state agencies next year

OKLAHOMA CITY —

Oklahoma’s top finance official warned state agency directors Monday to prepare for the possibility of flat budgets next fiscal year after a report showing collections this quarter to the state’s general fund trail those from the same time last year.
Oklahoma’s Secretary of Finance Preston Doerflinger released figures that show collections to the state’s main operating fund for the first three months of the fiscal year were down more than 4 percent compared to the same quarter last year. Collections also were down 6.6 percent in September compared to the same month in the previous year. Oklahoma’s fiscal year runs from July 1 to June 30.
“Ample time remains for collections to pick up, but it’s looking like the state may see tighter revenues than in recent years,” Doerflinger said in a statement. “Agencies should continue to keep their belts tight, find efficiencies and prepare for potentially flat budgets.”
Doerflinger attributed some of the decline to market uncertainty caused by the partial shutdown of the federal government that began at the beginning of this month, as well as an expected “softening” of Oklahoma’s economy.
Doerflinger reported first-quarter collections from all four major tax categories were below the official estimate, including the gross production tax on oil and gas production (down 33.4 percent), motor vehicle taxes (13.6 percent), income taxes (9.4 percent) and sales taxes (3.7 percent).
He said noneconomic factors also are responsible for the decline, including $60 million in income tax collections that will be diverted from the general fund this fiscal year to pay for Capitol repairs. Finance officials report the first $20 million of that total was diverted last month, and the remaining $40 million will be apportioned before June 30.
An additional $60 million is scheduled to be apportioned during the next fiscal year for the $120 million Capitol improvement project.

1
Text Only
Top Stories
  • No evidence or human remains found

    Rogers County Sheriff’s deputies and assisting agencies vacated a Tiawah property Friday, after no evidence or human remains were found in connection to the disappearance of a local resident that went missing in 1996.

    July 27, 2014

  • RCLC launches letter campaign

    The Rogers County Literacy Council, RCLC, is launching their annual letter writing campaign.
     A United Way Organization, the council is asking for community support to help promote literacy in the English language.

    July 27, 2014

  • taylor.armerding.jpg Inequality crisis shot with factual problems, hypocrisy

    President Obama, various media and political liberals say inequality, of all things, is the defining issue of our times. Yet this message is delivered by multimillionaires and a president who jets from tee time to stump speech on the taxpayer's dime.
     

    July 26, 2014 1 Photo

  • Obama wants limits on US company mergers abroad

    Staking out a populist stand ahead of the midterm elections, President Barack Obama on Thursday demanded “economic patriotism” from U.S. corporations that use legal means to avoid U.S. taxes through overseas mergers.

    July 25, 2014

  • Local churches impact poverty

    Claremore First Christian Church, First United Methodist and the Pastoral Alliance are combining efforts to host a 16-week program, “Getting Ahead in a Just Getting by World,” based off of the national program — “bridges out of poverty.”

    July 25, 2014

  • Grand Jury recesses until August

    The multicounty grand jury charged with investigating accusations of misconduct by Rogers County officials recessed Thursday until August 19-21, saying it needed to hear from more witnesses before returning a finding in the matter.

    July 25, 2014

  • Former Sheriff’s deputy arrested

    The Rogers County Sheriff’s Office arrested ex-deputy Brian Kindle Wednesday after receiving multiple reports concerning his safety.

    July 25, 2014

  • Chelsea man receives 54-year sentence for child abuse

    A Chelsea man was sentenced to 54 years in prison Wednesday after he pleaded guilty to the charges of child abuse by injury and child sexual abuse.

    July 25, 2014

  • Rogers County Clerk sues The Daily Progress

    Rogers County Clerk Robin Anderson has filed a lawsuit against The Daily Progress and the newspaper’s government reporter Salesha Wilken.

    July 24, 2014

  • Band.jpg Local band loses everything on tour

    A Claremore band, The Last Slice, had $30,000 worth of equipment, instruments, merchandise and clothes stolen while on the East Coast Ska Revival tour in Miami, Fla.

    July 24, 2014 1 Photo