Oklahoma DOT Hit with $28.5 Million Budget Cut

The Oklahoma Department of Transportation will start next fiscal year (beginning July 1, 2014) with $28.5 million less to spend due to budget cuts and funding changes made in the last legislative session.

A 5.5% cut reduced fuel tax revenues to ODOT by $11 million; the result of a budget compromise hammered out by the state legislature and Gov. Mary Fallin. 

ODOT’s total budget, including federal funds, will be about $1.8 billion.

(more on Oklahoma DOT 2015 budget cuts . . . )