2006 Oklahoma state budget
| Submitted by | Brad Henry |
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| Submitted to | 50th Legislature |
| Total revenue | $5.965 billion |
| Total expenditures | $5.951 billion |
| Website | http://www.ok.gov/osf/Budget/index.html Oklahoma Office of State Finance |
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The Oklahoma State Budget for Fiscal Year 2006, was a spending request by Governor Brad Henry to fund government operations for July 1, 2005–June 30, 2006. Governor Henry and legislative leader approved the budget in May 2005.
Figures shown in the spending request do not reflect the actual appropriations for Fiscal Year 2006, which must be authorized by the Legislature.
The Governor's budget identified the following major initiatives:
The Governor's budget identified the following key funding issues:
Tax revenue for Fiscal Year 2006 was $5.75 billion, up 11% from FY2005 levels of $5.2 billion. All revenue of the fiscal year 2006 was $5.96 billion, up 8.2% from FY2005 levels of $5.5 billion. The breakdown is as follows:
The Governor's budget called for $13 million in tax cuts, including the follows:
The Governor's budget for Fiscal Year 2006 totaled $5.95 billion in spending, a 9.2% increase over Fiscal Year 2005 levels of $5.5 billion. Percentages in parentheses indicate percentage change compared to 2005 budget. The budget request is broken down by the following expenditures:
The Legislature approved a total of $6.2 billion in spending for Fiscal Year 2006, an 11% increase over Fiscal Year 2005 levels of $5.5 billion. Percentages in parentheses indicate percentage change compared to 2005 actual appropriations:
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