Cuts at Oklahoma City as reported by Budget Director/News 9...
When Oklahoma City budget director Craig Freeman asked the city economist what he thought about the national headlines that call Oklahoma City "Recession Proof," he didn't get an answer. He got a laugh.
Very, very nice laugh indeed (I wish if I could hear that laughter...)
Difficult decisions will now have to be made as sales tax revenue continues to decline for the city. For the first time in recent memory, all Oklahoma city departments are being asked to make mid-year cuts. Each department has been required to submit a proposal for 2 percent cuts. "Just four months into the fiscal year and the city's revenue numbers are already 8.5 million dollars below target. Our goal is to try to identify cuts to achieve six million dollars in savings," Freeman said.