The Oklahoma Board of Equalization last week adopted an official revenue estimate for fiscal 2013 that will give budget writers $400 million more than was available for the fiscal 2012 budget.

The board accepted expectations for collections at $6.5 billion next fiscal year, up from $6.1 billion last year. The $6.4 billion general fund budget for fiscal 2012 was balanced with $500 million of one-time money.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.