[Cobo] FW: Message from the Office of State Finance

[Mauck, Sheri]

The email below is the official notification of the General Revenue
Reductions for October.  Information is being sent to your Presidents
from the Chancellor. Please let us know if you have any questions.

 

________________________________

From: Johnson, Dr. Glen 
Sent: Tuesday, October 13, 2009 4:33 PM
To: Mauck, Sheri
Subject: FW: Message from the Office of State Finance

 

 

 

________________________________

From: Becky.Wilson at osf.ok.gov on behalf of Michael.Clingman at osf.ok.gov
Sent: Tue 10/13/2009 4:18 PM
To: Becky.Wilson at osf.ok.gov; Michael.Clingman at osf.ok.gov
Subject: Message from the Office of State Finance


October 13, 2009 

Dear Agency Director: 

The Office of State Finance has determined that revenue collections are
insufficient to make full General Revenue allocations to state agencies
for the month of October.  State agencies will receive a 5% reduction to
their October FY-2010 General Revenue allocation.   

In accordance with Title 62, Section 34.49, agencies will be required to
submit a revised budget for FY-2010 that reflects the reduced amount of
General Revenue available to the agency.  These revisions are due to the
Office of State Finance by Friday, October 23.   

Please use the template language distributed previously for the
description section of the required allotment letter. 

Please find attached a list reflecting the dollar amount of reductions
to each agency.  Contact your Budget Analyst if you need more detailed
information. 

Sincerely, 

Michael Clingman, Director 
Office of State Finance 

Cc:  Agency Finance Officers 

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