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Published: January 9, 2008
OCAST '07 return on investment is 27 to 1
The state's technology-based economic development agency backed its $40 million budget request for fiscal 2009 Tuesday with a jaw-dropping return-on-investment report.
The Oklahoma Center for the Advancement of Science and Technology reported that the 15.3 million tax dollars appropriated to the agency for fiscal 2007 returned a whopping $414 million, or $27.02 for every $1 invested.
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