Capitol Insider

Lawmakers Question Legality Of Rainy Day Fund Extraction


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Monthly revenue shortages have led Oklahoma finance officials to dip into the Rainy Day Fund again this year, draining it completely. If the state does not have enough money to pay its monthly bills, it typically takes the difference from a state department. “Normally, they would look to something like the Department of Transportation, which usually has large amounts of cash,” eCapitol news director Shawn Ashley said in his weekly interview with KGOU. That money was not available because ODOT
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