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Association News
Capitol State leaders avoid 20-pct cut, settle on 5-pct reduction for now
Wednesday, September 16, 2009


Journal Record

2009 OKLAHOMA CITY – State leaders have managed to stave off a 20-percent across-the-board cut in September agency allocations by tapping $80 million in cash reserves, state Treasurer Scott Meacham said Tuesday. Agencies will have to cope with a 5-percent reduction, however.

Officials said discussions continue as to how to address the state’s financial difficulties, stopping short of calling for a special legislative session.

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