Oklahoma § 62-34.46 - Allocation of revenues - Accounts with agencies Nonfiscal year appropriations - Supplemental appropriations

§ 62-34.46. Allocation of revenues - Accounts with agencies Nonfiscal year appropriations - Supplemental appropriations

A. Revenues deposited in the State Treasury to the credit of

the General Revenue Fund or of any special fund which derives its

revenue in whole or part from state taxes or fees shall be allocated

monthly to each state agency or special appropriation on a

percentage basis, in that ratio that the total appropriation for

each such state agency or special appropriation from each fund for

that fiscal year bears to the total of all appropriations from each

fund for that fiscal year. Appropriation allocations to the State

Board of Education for the financial support of public schools shall

be effective August 1 of the fiscal year in which they apply.

B. A cash account shall be maintained by the agency of the

state charged with the allocation of revenues for each agency or

special appropriation which receives appropriations from the general

fund or any special fund, and no check or warrant shall be issued in

excess of the unexpended balance of said cash account at the time

such check or warrant is issued.

C. Cash allocations to each cash account shall be cumulative

and shall be available for the payment of any claim incurred within

the appropriations for which such cash was allocated, including

claims incurred against nonfiscal year appropriations which are

available for contracts for thirty (30) months from date such acts

are passed.

D. Revenue allocations shall be made to nonfiscal

appropriations. During the applicable fiscal year such

appropriations shall become available for expenditure. Such

appropriations may be expended only in that fiscal year. This

limitation applies equally to those revenue allocations made to such

appropriation.

E. Measures passed by the Legislature appropriating revenues

from the General Revenue Fund, which are supplemental to the

original budget in effect on July 1 of any fiscal year, shall be

considered supplemental appropriations and shall receive revenue

allocations for the first time in the month in which such acts

become effective in compliance with Section 23 of Article X of the

Oklahoma Constitution.

F. Supplemental appropriations from the General Revenue Fund

passed by the Legislature in excess of the Board of Equalization's

estimate for that fiscal year shall be null and void.

Added by Laws 1947, p. 367, § 1, emerg. eff. Feb. 10, 1947. Amended

by Laws 1973, c. 46, § 14, operative July 1, 1973; Laws 1995, c.

305, § 2, eff. July 1, 1995; Laws 2009, c. 441, § 26, eff. July 1,

2009. Renumbered from § 9.1 of this title by Laws 2009, c. 441, §

64, eff. July 1, 2009.

Oklahoma Statutes - Title 62. Public Finance