Okla. Stat. tit. 70, § 70-3218.2

Higher Education – Annual reports.

A. Resident tuition, nonresident tuition, and other fees to be

required of students receiving instruction or other academic

services provided by institutions of The Oklahoma State System of

Higher Education shall be established by the Oklahoma State Regents

for Higher Education with due regard for the provisions of Section

3218.14 of this title within limits prescribed by the Legislature.

Nothing in this act shall be construed as limiting or prohibiting

the requirement of payment for goods or services provided by

auxiliary enterprises operated by or in conjunction with

institutions of The Oklahoma State System of Higher Education and

authorized by the Oklahoma State Regents for Higher Education.

B. By January 1 of each year, the Oklahoma State Regents for

Higher Education shall submit a report to the Governor, the

Oklahoma Statutes - Title 70. Schools Page 1431

President Pro Tempore of the Senate, the Speaker of the House of

Representatives, and the minority floor leaders and education

committee chairs of both houses of the Oklahoma Legislature. The

annual report shall include the following information:

1. Actions taken in regard to and the schedule of tuition and

fees approved for The Oklahoma State System of Higher Education for

the current academic year;

2. Data on the impact of any tuition or fee increases on the

ability of students to meet the costs of attendance, enrollment

patterns, availability of financial aid;

3. The budget prepared by the State Regents setting out in

detail the necessary expenses of the State Regents for the next

fiscal year;

4. The budget requests or proposals submitted by each

institution to the State Regents for the next fiscal year;

5. The funding formula or allotment system used by the State

Regents to allocate money to each institution, including a

description of the functional goals of the formula or system for

distributing funds to each institution;

6. A calculation of any differences in the budget requests

amounts for each institution and the actual amounts allocated to

each institution, including an explanation for any differences; and

7. Any other data considered relevant by the State Regents.

C. By January 1 of each year, each institution of The Oklahoma

State System of Higher Education shall submit a report to the

Governor, the President Pro Tempore of the Senate, the Speaker of

the House of Representatives, and the minority floor leaders and

education committee chairs of both houses of the Oklahoma

Legislature. The annual report shall include the following

information:

1. A copy of reports submitted to the State Regents which

itemizes the tuition and fees for each institution by campus or

location; and

2. The total budget of each institution for the previous fiscal

year including the amount of revenue received from tuition and fees

and other sources and expenses for each campus or location.