SSTI Digest

Geography: Oklahoma

Several energy cluster states in recession

The perils of regional economies being too dependent on single industry clusters, particularly as it affects the financing of state governments, are playing out in the Great Plains. Kansas, New Mexico, North Dakota, Oklahoma and Wyoming have been or still are experiencing recessions, beginning as early as spring 2015 for two, according to a new analysis by Jason P. Brown for the Tenth Federal Reserve District.

AL, CT, FL, MI, MO, OK, PA and WI budget proposals boost and cut TBED

In the latest round of state budget proposals, TBED initiatives receive mixed reviews. Some governors are boosting funding while others in cash-strapped states are proposing cuts.

EDA Announces Funding for Entrepreneurial, Workforce Development in OK, PA SC, WY

Over the last several months, the Economic Development Administration (EDA) has announced millions of dollars in grants to support tech-based economic development efforts in communities across the country (see recent Digest articles from August 18 and September 8). The most recent announcements of grant funding will provide targeted funding to expand and build facilities that support entrepreneurial/business development in Oklahoma, Pennsylvania, and Wyoming as well as workforce efforts in South Carolina. Each of the grants also addresses a specific regional need or key industries including growth in advanced manufacturing sectors, attraction of foreign direct investment, and support for key regional tech-focused industries such as agriculture and healthcare.

Govs Focus on Education in AL, LA, OK, PA, TN Budget Proposals

SSTI’s analysis of gubernatorial addresses, strategic plans and budget proposals continues this week with highlights from Alabama, Louisiana, Oklahoma, Pennsylvania and Tennessee. Governors are facing difficult fiscal situations in several of these states, often scaling back tech-based economic development efforts. Tennessee Gov. Bill Haslam, however, is using a fiscal surplus to invest in higher education and regionally focused economic initiatives.

OK Universities Face Reductions Under FY16 Budget

On Monday, Oklahoma Gov. Mary Fallin signed a $7.1 billion fiscal year 2016 budget (HB 2242) that includes a 3.5 percent reduction in base higher education funding. A portion of this reduction was offset by an agreement to pick up the cost of higher education bond debt service, which brings the net percentage reduction closer to 2.44 percent, according to the The Oklahoman. K-12 education funding will remain at current levels.

MI, OH, OK, TN, WI Budgets Highlight Workforce Development, Tax Credits

This week, governors in Michigan, Ohio, Oklahoma, Tennessee, and Wisconsin unveiled their budget proposals. Included in the governors’ recommendations are several cases of agency restructuring and funds for workforce development, innovation tax credits, and other TBED-relevant issues.

Tech Talkin' Govs: More Governors Use Addresses to Promote Higher Ed Investments

SSTI's Tech Talkin' Govs series has returned as governors across the country formally convene 2015 legislative sessions. The series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural addresses.

Lawmakers Tackle Workforce, STEM and Higher Ed Policy

This article is part of SSTI's series on trends in state technology-based economic development legislation in 2014. Read our other entries covering legislative action on patent reform, research capacity, technology commercialization & infrastructure, tax credits & STEM and manufacturing & clusters.

Tech Talkin’ Govs: Part V

The fifth installment of SSTI’s Tech Talkin’ Govs series includes excerpts from speeches delivered in Connecticut, Maine, Oklahoma, and Tennessee. Read part I, part II, part III and part IV.  

TBED People and Orgs

Oklahoma Gov. Mary Fallin announced that Jonna Kirschner, executive director of the Oklahoma Commerce Department, will serve on a transition team to establish a new workers’ compensation system. Vaughn Clark , the Commerce Department’s director of community development, was named as interim executive director.

Governors’ Initiative Aims for Educated Workforce to Match States Needs

A new chair of the National Governors Association (NGA) also means a new challenge and opportunity to improve state economies. This week, Oklahoma Gov. Mary Fallin, newly elected NGA chair, announced a year-long initiative designed to improve the capacity and effectiveness of states’ education and workforce training systems and to align those needs with the needs of employers. The initiative kicks off with an intensive effort among six to eight states that will develop and implement a policy agenda to build and strengthen education and workforce training. Referring to a degree or certificate as the “new minimum” in order to gain access to opportunity, Gov. Fallin also hopes to elevate the importance of postsecondary education through the initiative. Read more about America Works: Education and Training for Tomorrow’s Jobs

Tech Talkin' Govs: Part V

The fifth installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Connecticut, Illinois, Oklahoma, and Utah. Our first four installments were in the Jan. 9, Jan. 16, Jan. 23 and Jan. 30 issues of the Digest.