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<p class="MsoNormal" style="margin-bottom:12.0pt"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Please find important correspondence attached. This was sent to your Presidents by the Chancellor today as well.</span><o:p></o:p></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt"><b>From:</b> "Johnson, Dr. Glen" <<a href="mailto:gjohnson@osrhe.edu">gjohnson@osrhe.edu</a>><br>
<b>Date:</b> December 21, 2016 at 11:41:15 AM CST<br>
<b>To:</b> Presidents <<a href="mailto:pres@osrhe.edu">pres@osrhe.edu</a>><br>
<b>Subject:</b> <b>Update on Board of Equalization Meeting</b><o:p></o:p></p>
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<p class="MsoNormal" align="center" style="text-align:center">OKLAHOMA STATE REGENTS FOR HIGHER EDUCATION<o:p></o:p></p>
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<b><span style="font-size:36.0pt;letter-spacing:-3.0pt">Memo</span></b><o:p></o:p></p>
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<p class="MsoNormal" style="line-height:150%"><b>To: Presidents</b><o:p></o:p></p>
<p class="MsoNormal" style="line-height:150%"><b>From: </b> Chancellor Glen D. Johnson<o:p></o:p></p>
<p class="MsoNormal" style="line-height:150%"><b>Date: </b> Wednesday, December 21, 2016<o:p></o:p></p>
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<b>Subject:</b> Update on Board of Equalization Meeting<o:p></o:p></p>
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<p class="MsoNormal">This morning I attended the State Board of Equalization meeting at the State Capitol in Oklahoma City.
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<p class="MsoNormal">At the meeting, the Board of Equalization certified $6.039 billion for FY18, which is $868.8 million (-12.6%) less than FY17 state appropriations.<o:p></o:p></p>
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<p class="MsoNormal">Additionally, the Board of Equalization unanimously voted to approve our FY18 funding estimate for Oklahoma’s Promise scholarships in the amount of $74.3 million, which the State Regents previously approved at our October 20, 2016 State
Regents meeting.<o:p></o:p></p>
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<p class="MsoNormal">Please let me know if you have any questions.<o:p></o:p></p>
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<p class="MsoNormal">Thanks.<o:p></o:p></p>
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<p class="MsoNormal">Glen<o:p></o:p></p>
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<p class="MsoNormal"><b><span style="color:black">Glen D. Johnson</span></b><o:p></o:p></p>
<p class="MsoNormal"><span style="color:black">Chancellor</span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:black">Oklahoma State Regents for Higher Education</span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:black">655 Research Parkway, Suite 200</span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:black">Oklahoma City, Oklahoma 73104</span><o:p></o:p></p>
<p class="MsoNormal"><span style="color:black">405.225.9122 </span><o:p></o:p></p>
<p class="MsoNormal"><a href="mailto:gjohnson@osrhe.edu">gjohnson@osrhe.edu</a><span style="color:black">
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<p class="MsoNormal"><span style="color:black"><img border="0" width="130" height="66" id="Picture_x0020_4" src="cid:image001.jpg@01D25B7F.2290E0E0" alt="OK_RegentHigh_transparent"><img border="0" width="104" height="60" id="Picture_x0020_3" src="cid:image002.png@01D25B7F.2290E0E0" alt="oklahoma-works-logo-vertical-cmyk"></span><o:p></o:p></p>
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