Governor Holding Meeting on Finances
Credit: KJRH | Tulsa | Channel 2
Duration: 00:27s
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GOVERNOR STITT WILL HOLD AMEETING TO DISCUSS TAPPINGINTO THE STATE'S RAINY DAYFUND.HE SAYS BECAUSE OFCORONAVIRUS... THE STATEWILL LOOSE 416 MILLIONDOLLARS FOR THE REMAINDER OFTHE FISCAL YEAR, WHICH ENDSIN JUNE.
THE RAINY DAY FUNDHAS A BALANCE OF 806 MILLIONDOLLARS - WITH 302 MILLIONOF THAT CONSTITUTIONALLYAVAILABLE TO SUPPLEMENTFISCAL YEAR LOSSES.
ANDBECAUSE THE GOVERNOR HASISSUED A STATE OF EMERGENCY- AN ADDITIONAL 201 MILLIONCOULD BE FREED UP.SCHOOL IS GO