April 21, 2020: State revenue shortfall declared; $1.3 billion shortfall forecast for next year (The Oklahoman)

Bowing to pressure from state lawmakers, the Board of Equalization, led by Gov. Kevin Stitt, on Monday formally certified a revenue shortfall of $416 million for the current fiscal year. State officials also received a presentation on Oklahoma’s bleak financial picture for the fiscal year that begins July 1, 2020, from the head of the Oklahoma Tax Commission.

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