© 2021 Public Radio Tulsa
800 South Tucker Drive
Tulsa, OK 74104
(918) 631-2577

A listener-supported service of The University of Tulsa
PRT Header Color
classical 88.7 | public radio 89.5
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Local & Regional

Corporation Commission Buyouts

3166037-1810370716.JPG
State of Oklahoma
/
The Oklahoma State Capitol

By Associated Press

Oklahoma City, OK – Corporation Commission offers buyouts

OKLAHOMA CITY (AP) Workers at the Oklahoma Corporation Commission are being offered voluntary buyouts to help ease a budget crisis.

Agency employees were told Friday to inform their division directors by Tuesday if they want to participate in the buyout plan.

It's one in a series of steps officials are taking to slash expenses after learning the agency expects to have about $2.3 million less to spend in the fiscal year that begins on Wednesday than it has had this year.

Brooks Mitchell, the commission's director of administration, has said employees also will be furloughed one day a month beginning some time before January 1. A starting date for the furloughs has not been set.

The buyout is expected to cost $1,112,800 and result in savings of $175,000 for fiscal year 2010.

___

Information from: The Oklahoman, http://www.newsok.com