Oklahoma may have to tap savings account

 
MICHAEL MCNUTT
Published: July 20, 2009

Dipping into the state’s savings account may be necessary this fiscal year if revenue continues to fall below projections, budget leaders said.

"We don’t know yet exactly where we’re going to bottom out,” state Treasurer Scott Meacham said. "We have to be ready for it. It could go lower.”

Gov. Brad Henry and legislative leaders have resisted calls the past two years to t...


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