Cargill Plans Review Of State Assets
House Speaker Lance Cargill announced plans Thursday to conduct a full scale review of Oklahoma’s under-performing or non-essential assets as part of his efforts to modernize and streamline state government.
Cargill said the first step of the review will be to inventory what the state owns. “Just as in any business, the state needs to maintain an accurate inventory of its assets,” said Cargill, R-Harrah.
“There are potentially hundreds of millions of dollars that could, for example, be reinvested in research and technology efforts like EDGE and OCAST, or for creating endowments to build the world’s premiere diabetes research center at OU or a world-class program in aerospace engineering at OSU,” said Cargill.
“As with private sector businesses, we may be better off shedding non-core assets and reinvesting previously locked-in capital. Investing in new, knowledge-economy jobs will diversify and grow the economic base of this state for generations to come.”
Cargill noted that the idea of a comprehensive review of non-core or non-performing assets was submitted as part of the 100 Ideas Initiative, a private endeavor to collect ideas from citizens across the state on how to build a stronger future for Oklahoma.
Cargill said the first step of the review will be to inventory what the state owns. “Just as in any business, the state needs to maintain an accurate inventory of its assets,” said Cargill, R-Harrah.
“There are potentially hundreds of millions of dollars that could, for example, be reinvested in research and technology efforts like EDGE and OCAST, or for creating endowments to build the world’s premiere diabetes research center at OU or a world-class program in aerospace engineering at OSU,” said Cargill.
“As with private sector businesses, we may be better off shedding non-core assets and reinvesting previously locked-in capital. Investing in new, knowledge-economy jobs will diversify and grow the economic base of this state for generations to come.”
Cargill noted that the idea of a comprehensive review of non-core or non-performing assets was submitted as part of the 100 Ideas Initiative, a private endeavor to collect ideas from citizens across the state on how to build a stronger future for Oklahoma.
Labels: Lance Cargill
posted by Mike McCarville @ 2:47 PM
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