I’ll have more on this in Sunday’s edition of The Oklahoman, but here’s a sneak peak at the more than $1.2 billion in what’s called revolving funds for Oklahoma state agencies. This is the money from fees or other sources that isn’t strictly part of the annual budget appropriations from the state’s general fund. Estimates for this year’s general revenue shortfall are about $500 million.
There are more than 500 of these revolving funds in state agency accounts. I’ve added some notes to the following tables for a closer look at just a few of the larger balances.
For a larger version of this, go here.
Written by Paul Monies