Oklahoma Senate Appropriations Chair comments on this week’s revenue certification
Published: February 17th, 2021
OKLAHOMA CITY – Senate Appropriations Committee Chairman Roger Thompson, R-Okemah, issued the following statement after the Oklahoma State Board of Equalization (BOE) met to certify revenues available for appropriation for the Fiscal Year 2022 budget.
The amount initially certified by the board in December was $8.46 billion. The amount certified Tuesday (February 15) was $9.64 billion.
“I am encouraged by the new numbers certified … during the Board of Equalization meeting. This speaks well of the economy in Oklahoma. Small business owners have been innovative, diligent, and persistent despite all of the challenges during this pandemic.
“Oklahoma has benefitted from federal dollars, which helped these numbers. I am very optimistic for FY [Fiscal Year] 2022, but cautiously optimistic about FY 2023.
“This is not the year to spend every dollar. We need to have funds easily accessible if we have another surge in COVID cases — money that can be used to pay for more testing, vaccines, and other critical needs.”