Oklahoma’s budget is dependent on the value of petroleum products and the amount of petroleum products produced. Gross production tax increases during the FY18 Legislative session raised the questions: what really drives the amount of gross production taxes Oklahoma receives, and should we expect a big jump in taxes? After visiting with several different experts, we went to the Energy Information Administration and took a simplistic look at the cause and effect in revenues collected for gross production taxes.
The first graph is the total revenue by month from gross production collections paid to schools in the fiscal years listed. The bottom graph is the spot price of crude oil at Cushing. These graphs show that collections follow a similar pattern. We can also see several historical peaks and valleys in the collections and prices, to be expected with any commodity. When the actual data comes out this month, we can expect to see a dip in taxes because there is a cyclical dip in prices.
Welcome to the Oklahoma Public School Resource Center!
I hope the new school year is off to a great start for everyone. We have some important Google-related news to share with you! One is brand new. The other is a new spin on an old feature. Let’s dive in!
In response to a complaint filed by parents of a child with a history of violent behaviors including grabbing and hitting his teacher, the Family Policy Compliance Office (“FPCO”) agreed with a school district’s disclosure of personally identifiable information from their son’s education records without their consent.
We're all familiar with teacher PD. But what about student PD? Probably not so much! Typically, this isn't even something we consider, probably because their main role in school is already focused on learning.