Okla. Stat. tit. 70, § 70-3210

(a) All appropriations made by the Legislature for state

educational institutions of the State System shall be made to the

State Regents in consolidated form, indicating the amount

appropriated from the General Revenue Fund and each special fund,

without reference to the amount appropriated to any particular

institution. On April 1 of each year, or as soon thereafter as

possible, but not later than June 15 of each year, the State Regents

shall certify to the Director of the Office of Management and

Enterprise Services such portions of the consolidated appropriation

as they shall have allocated to each institution from the General

Revenue Fund and each special fund for the next fiscal year and the

amount of the allocation for each institution which is to be

reserved for the purpose authorized by subsection B of Section 34.53

of Title 62 of the Oklahoma Statutes. The Director of the Office of

Management and Enterprise Services shall allocate the revenue

deposited in the State Treasury to the credit of the General Revenue

Fund to a cash account for each institution or special

appropriation, and to any unallocated portion of such consolidated

appropriations, on a percentage basis in the same manner as provided

by law for allocations of cash to Legislative appropriations for

other departments and institutions.

(b) The State Regents may make additional allocations from the

consolidated appropriation to any institution during the year but

Oklahoma Statutes - Title 70. Schools Page 1425

they shall not decrease the amount allocated to any institution

during the year. Where an additional allocation is made to an

institution, the Director of the Office of Management and Enterprise

Services shall make such adjustment by decreasing the consolidated

appropriation balance and increasing the appropriation of the

institution or institutions to which the additional allocation is

made. At the same time he shall make an adjustment between the cash

accounts by reducing the consolidated cash account and increasing

the institution's cash account, giving the institution or

institutions credit in cash for that portion of revenue which has

already been allocated to that portion of the consolidated

appropriation transferred, thereby transferring the percentage of

cash which belongs to the additional allocation made from the

consolidated appropriation. Thereafter, the Director of the Office

of Management and Enterprise Services shall increase the revenue

allocations to each of the educational institutions which have

received additional allocations so that such allocations shall take

into consideration the original allocation plus the additional

allocation from the consolidated appropriation. The State Regents

may make additional allocations each month of the fiscal year but

such allocations for all institutions shall be certified to the

Director of the Office of Management and Enterprise Services at the

same time and shall not take effect until the first day of the month

following the month in which such additional allocations are

certified to the Director of the Office of Management and Enterprise

Services. The cash allocated to all of the institutions shall never

exceed the amount of revenue which would have been allocated to the

consolidated appropriation had such consolidated appropriation never

been divided. The division of cash among the several institutions

shall be considered a division of the revenue which would have been

allocated to the consolidated account.

(c) Both the cash allocations and the appropriation allotments

shall be considered cumulative in that the balance unexpended or

unencumbered at the end of any month of the fiscal year shall add to

the amount allocated during the subsequent months so that the fiscal

year shall be considered as a unit.
dered a division of the revenue which would have been

allocated to the consolidated account.

(c) Both the cash allocations and the appropriation allotments

shall be considered cumulative in that the balance unexpended or

unencumbered at the end of any month of the fiscal year shall add to

the amount allocated during the subsequent months so that the fiscal

year shall be considered as a unit.

(d) The appropriations allocated by the State Regents to each

institution for the year on June 15 shall be set up in the same

manner as other departments and institutions for contractual

purposes except as otherwise provided in this section.

(e) Financial documents arising from the appropriation

allocations to each institution shall be filed with the Director of

the Office of Management and Enterprise Services in the same manner

and at the same time as is now provided by law.

(f) Nothing contained in this section shall be construed to

change existing laws relating to the apportionment of cash to

Section 13 or New College Funds for each of the institutions which

Oklahoma Statutes - Title 70. Schools Page 1426

under present laws receive monies from such sources. Provided, that

nothing herein shall be construed to give the State Regents

authority to take money from the revolving fund of one institution

and give it to another institution. Revolving funds of all of the

constituent institutions shall operate as a continuing appropriation

under the law creating each such revolving fund which allocates the

revenue collected by each such institution to the revolving fund of

that institution. None of such institutions shall incur obligations

against such revolving fund in excess of the unencumbered balance of

surplus cash on hand. Such revolving funds shall be nonfiscal year

appropriations, and shall be disbursed by warrants issued by the

State Treasurer.

(g) No expenditure from any of the revolving funds of the

various institutions shall be made for any purpose, except that for

which said portion of said fund was specifically collected;

provided, that when any portion of any of such revolving funds shall

not be needed for the purpose for which the same was collected, the

State Regents may, upon the request of the Board of Regents of any

institution, authorize such Board of Regents to expend such unneeded

balance of such revolving fund for any other purpose which, in the

opinion of the State Regents, shall be necessary or desirable in the

conduct of such institution.

(h) The Director of the Office of Management and Enterprise

Services shall make monthly reports to the institutions and agencies

comprising the State System indicating, by classification of funds,

the amounts allotted by the State Regents, the cumulative

expenditures at the end of each month, the unexpended balances, the

encumbrances outstanding, and the unencumbered balances at the end

of the month.

(i) The State Regents shall direct the disposition of such

funds as the Legislature shall appropriate, which funds shall be

allocated to the state educational institutions entitled thereto

under the provisions of, and in accordance with, the Enabling Act

and the Constitution of the State of Oklahoma, for the support of

such state educational institutions.