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.