A recent Reuters analysis (“
When the oil boom went bust, Oklahoma protected drillers and squeezed schools”) "is based on flawed assumptions, faulty or even bogus data, and magical thinking,"
The Oklahoman editorializes today.
The article refers to “Oklahoma's $3 billion education budget.” In reality, Oklahoma's total budget for K-12 schools, from all sources, totaled $8.6 billion in 2015, according to the Office of Management and Enterprise Services. And that was an increase of $1.5 billion since 2008.
Many claims of multi-year school funding “cuts” are based not on actual reductions, but on slower rates of growth than what advocates prefer.
Reassessment of tax policy can be worthwhile. But it should be based on fact, not fantasy or revisionist history.
Read the whole thing
here.
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