Post by pavel on Feb 18, 2016 8:06:58 GMT -6
State education and budget officials agree to work together on solution to school budget mishap
State education and budget officials announced Tuesday that they will be working together on a solution to a school-budgeting mishap that caused public schools across the state to expect a $19 million cut in mid-February that didn’t occur.
As first reported by the Tulsa World on Tuesday, the omission of a $43.8 million cash balance from the previous year in a December budget report by the Oklahoma State Board of Equalization caused the confusion.
The controversy concerns the 1017 Fund, a dedicated source of revenue for education.
“The Oklahoma State Department of Education and the Office of Management and Enterprise Services are working together regarding the 1017 Fund,” said Steffie Corcoran and John Estus, spokespeople for the two state agencies, respectively, in a joint press statement Wednesday afternoon.
Read more: www.tulsaworld.com/news/government/state-education-and-budget-officials-agree-to-work-together-on/article_53034d0d-1b8d-50e0-8e04-12a4266cbc4b.html
State education and budget officials announced Tuesday that they will be working together on a solution to a school-budgeting mishap that caused public schools across the state to expect a $19 million cut in mid-February that didn’t occur.
As first reported by the Tulsa World on Tuesday, the omission of a $43.8 million cash balance from the previous year in a December budget report by the Oklahoma State Board of Equalization caused the confusion.
The controversy concerns the 1017 Fund, a dedicated source of revenue for education.
“The Oklahoma State Department of Education and the Office of Management and Enterprise Services are working together regarding the 1017 Fund,” said Steffie Corcoran and John Estus, spokespeople for the two state agencies, respectively, in a joint press statement Wednesday afternoon.
Read more: www.tulsaworld.com/news/government/state-education-and-budget-officials-agree-to-work-together-on/article_53034d0d-1b8d-50e0-8e04-12a4266cbc4b.html