President Pro Tempore
Sen. Glenn Coffee, R-Oklahoma City
State Capitol Room 422
Oklahoma City, OK 73105
For Immediate Release: December 21, 2009
Sen. Glenn Coffee
Senate President Pro Tempore Glenn Coffee issued
the following statement in response to State Treasurer Scott Meacham's
revenue report this morning:
OKLAHOMA CITY: According to figures I have reviewed
from the Office of State Finance and the reports from Treasurer
Meacham today, the state's financial numbers confirm the budget
challenge we have long said we'd be facing is indeed upon us.
One year ago, the State Equalization Board certified an FY'10 budget
for the Legislature that proved to be 18.5% below actual revenues.
This estimate missed the mark by a greater percentage than any state
in the nation.
Now, it appears we will have 20% less to spend in FY'11 than was
authorized for FY'10, over $1.3 billion less.
Given these realities, it is incumbent on the legislature, the
governor, and all agency heads to put aside any differences we may
bring to the table and work together to provide the services the
people of this state need and deserve most. It is very clear
that everyone will have to sacrifice. This is an opportunity
to restructure government into a more efficient and effective system
of providing for the public, and I'm confident we can accomplish
this over the coming weeks and months. It will be our task
to make the necessary reductions in a fair and equitable manner.
I'm confident the people of Oklahoma will pull together and we’ll
see our way through this and to better times down the road."
For more information contact:
Sen. Coffee: 405-521-5636