Okla. Stat. » Title 70 — SCHOOLS
Oklahoma Statutes

Okla. Stat. tit. 70, § 18-400 (2026)

Creation - Status - Expenditures

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There is hereby created in the State Treasury a revolving fund for the State Board of Education to be designated the "Education Reform Revolving Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all appropriations and transfers made by the Legislature. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended beginning with the fiscal year ending June 30, 1993, by the State Board of Education for the purposes of implementing reforms contained in Enrolled House Bill No. 1017 of the First Extraordinary Session of the 42nd Oklahoma Legislature. Expenditures from said fund shall be made upon warrants issued by the State Treasurer against claims filed as prescribed by law with the Director of the Office of Management and Enterprise Services for approval and payment. Added by Laws 1991, c. 280, § 75, eff. July 1, 1991. Amended by Laws 2012, c. 304, § 611.

Notes of Decisions
Cited in 1 case, 2020–2020 · leading case: Indep. Sch. Dist. 52 v. Hofmeister, 2020 OK 56, 473 P.3d 475.
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Indep. Sch. Dist. 52 v. Hofmeister, 2020 OK 56, 473 P.3d 475. · cites it 4× “2015 § 14-133); and the Education Reform Revolving Fund (70 O.S.Supp.2012 § 18-400). 140 We also address the possibility of funding State Aid from a source other than the general revenue fund, but nevertheless lapsing due to language in an appropriations Bill at ¶¶ 93-98 herein.”
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