As many of you know, state budgets for the last few years have been deficient resulting in drastic cuts, revenue failures, and budget shortfalls. The last year and a half, we have worked tirelessly to correct Oklahoma’s budget. This is not an easy fix but a multi-faceted approach. This past year, we have made tremendous headway in putting Oklahoma on a firm foundation.
One area we focused on in correcting the budget was our state agencies. By passing several budget limit bills, we now have more legislative oversight of agency spending to ensure taxpayer dollars are being used responsibly and efficiently.
At the same time we were focusing on efficiencies, we were also giving our attention to revenue that’s sustainable and long term. The votes I had to cast to provide more revenue were by no means easy, even painful at times. As difficult as it was, those votes resulted in much needed recurring revenue into the state’s budget.
With the appropriation reforms and revenue-raising measures my colleagues and I passed this session, we can now properly fund our government with no agency cuts in the FY’19 budget. Things are beginning to turn around for Oklahoma.
The Treasurer’s office announced this week that gross receipts for April were up 15% over last April. The Office of Management and Enterprise Services (OMES) reported that March General Revenue Fund collections were $405.5 million, an increase of 15.2 percent above March 2017 collections. In addition, gross receipts have shown continual growth for the last 13 months. Moody’s, one of the nation’s top credit-rating agencies, also issued a credit-positive report for Oklahoma earlier this month.
Most notably, lawmakers passed legislation raising salaries for all teachers, support staff and most state employees, impacting thousands of Oklahoma families with increased compensation for their service to the state.
With the hundreds of bills and issues we tackled, this past session was difficult to say the least, but progress was made. There’s always more that can be done and now session is over, and as we go into the interim, we will continue working to put Oklahoma on a firm foundation.
At the State Senate, I can be reached by writing to Senator Chris Kidd, State Capitol, 2300 N. Lincoln Blvd. Room 411A, Oklahoma City, OK 73105, emailing me at kidd@oksenate.gov, or by calling (405) 521-5563 and speaking to my assistant Suzanne Earnest.
