Last week's Oklahoma State Board of Equalization meeting included a helpful flowchart that showed how revenues are collected in Oklahoma and their disbursement path to various entities. OMES created this particular flow chart and sent us a copy so that you could actually see how the revenue moves within the state. There were some interesting facts that we can glean from this flowchart.
1. The Oklahoma Tax Commission plans to collect $9,810,859,307.00.
2. The state pays out $782,000,000 in off-the-top revenue.
3. The state apportions out $2,900,000,000.
4. The state General Fund then receives $6,500,000,000.
5. The state pays out $651,000,000 for roads and OHLAP.
6. This leaves a net of $5,854,386,815.00 in the state General Fund for overall disbursement.
7. This will leave approximately $349,000,000 to go into the Rainy Day Fund.
Oh, the hot days of summer! As educators, this is the calm before the August storm, and for parents this is the time when boredom begins to set in. I recently read two articles that rejuvenated two “old-fashion” ideas/activities: coloring and reading to our children (no matter what the age).
How do you teach your students about these critically important words?
We’re back in business, everybody! It was such a pleasure spending the summer with so many of you. We had a great time hosting you at OPSRC and an even better time spending the day with you at your school sites learning about the great work you do on a daily basis.