2005 Oklahoma state budget
| Submitted by | Brad Henry |
|---|---|
| Submitted to | 49th Legislature |
| Total revenue | $5.50 billion |
| Total expenditures | $5.49 billion |
| Website | http://www.ok.gov/osf/Budget/index.html Oklahoma Office of State Finance |
|
‹ 2004
2006 ›
|
|
The Oklahoma State Budget for Fiscal Year 2005, was a spending request by Governor Brad Henry to fund government operations for July 1, 2004–June 30, 2005. Governor Henry and legislative leader approved the budget in May 2004.
Figures shown in the spending request do not reflect the actual appropriations for Fiscal Year 2005, which must be authorized by the Legislature.
Fiscal Year 2004 saw revenue increase for the first time since FY2002. FY2005 represented the first budget year following a four-year recession
The Governor's budget identified the following three major objectives:
The Governor's budget identified the following key funding issues:
Tax revenue for Fiscal Year 2005 was $5.2 billion, up 4.9% from FY2004 levels of $4.9 billion. All revenue of the fiscal year 2005 was $5.5 billion, up 7.4% from FY2004 levels of $5.16 billion. The breakdown is as follows:
The Governor's budget for Fiscal Year 2005 totaled $5.49 billion in spending. Percentages in parentheses indicate percentage change compared to 2004. The budget request is broken down by the following expenditures:
...
Wikipedia