25 March 2003
No thanks to the state's ongoing budget woes, the Oklahoma Rainy Day Fund is now approaching the outskirts of Tap City. After drawing $10 million for an emergency funding package for state agencies, there's only about $100,000 left.
The Fund is replenished by a surplus of tax collections over the official revenue estimate at the end of the fiscal year (30 June); if collections are down, there will be no money to stash in the Fund.
Maybe we can try to win some money in the Kansas Lottery.