66 Oklahoma agencies' budgets to be cut

By BARBARA HOBEROCK - Tulsa World Modified: June 27, 2014 at 7:04 am •  Published: June 27, 2014
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Sixty-six state agencies that receive state appropriations will take a 0.12 percent budget cut as a result of a state panel’s action Thursday.

The Board of Equalization recertified how much the state had to spend for fiscal year 2015. It had to cut nearly $6.8 million after lawmakers and Gov. Mary Fallin improperly diverted funds from a popular scholarship program to balance the budget.

The scholarship program is funded through an “off-the-top” direct apportionment from personal income tax revenue before that revenue is deposited in the state’s general fund.

Read the full story at TulsaWorld.com.