The state Department of Transportation will start next fiscal year with $28.5 million less to spend due to budget cuts and funding changes last legislative session, agency Executive Director Mike Patterson said Monday.
A portion of the reduction in revenues came via the state budget compromise hammered out by legislative leaders and Gov. Mary Fallin during the session, which ended last month. ODOT was among several state agencies to receive a 5.5 percent reduction in fiscal 2015 funding.
For ODOT, the 5.5 percent reduction will mean the loss of slightly more than $11 million in fuel tax revenues, Patterson said.