The reality of a tough budget year has been known for sometime. And now our state faces the task of tightening budgets even more and preparing for the difficult days ahead. Fiscal responsibility continues to be crucial.
Despite the numbers provided today, we have to remember the preparation and safeguards previously put in place for this very scenario. The presence of a full rainy day fund, and conservative budgeting practices and laws allow Oklahoma to be in a much better place than other states.
Oklahoma has seen its share of tough times, yet continues to persevere. The road ahead will be tough, but we look forward to listening to the Governors ideas and working alongside him, the Speaker and state agencies to address the shortfall.