Oklahoma Department of Commerce

Oklahoma Department of Commerce

Department of Commerce logo
Agency overview
Formed 1987
Preceding agency
  • Department of Economic and Community Affairs
Headquarters 900 N Stiles Avenue
Oklahoma City
Employees 185 (FY11)
Annual budget $300 million (FY11)
Minister responsible
Agency executive
  • Larry Parman, Director
Website www.okcommerce.gov

The Oklahoma Department of Commerce is a department of the government of Oklahoma under the Oklahoma Secretary of Commerce. The Department is responsible for the supporting local communities, stimulating growth of the existing businesses, attracting new business, and promoting the development and availability of a skilled workforce. The Department is the lead agency for economic development in the state. The Department is led by and under the control of a Director appointed by the Governor of Oklahoma, with the approval of the Oklahoma Senate, to serve at the pleasure of the Governor.

The current Cabinet Secretary is Larry Parman, who was appointed by Governor Mary Fallin in October, 2013. Governor Fallin also appointed Parman as Director of the Department concurrent with his service as Secretary.[1]

The Department of Commerce was established in 1987 during the term of Governor Henry Bellmon.

Mission

To increase the quantity and quality of jobs available in Oklahoma by:

Leadership

The Department is led by the Secretary of Commerce and the Director of the Department of Commerce. Under Governor of Oklahoma Mary Fallin, Larry Parman is serving concurrently in both positions.

Organization

Staffing

The Commerce Department, with an annual budget of $100 million, is one of the smaller employers of the State. For fiscal year 2011, the Department was authorized 125 full-time employees in FY2014.[2]

Program Number of Employees
Administration
Executive Services
Human Resources
Financial Services
43
Community Development
Community Development Services
Main Street Center
32
Business Promotion
Business Development Services
International Trade Promotion
20
Business Recruitment 8
Research and Analysis 10
Workforce Services 12
Total 125

Budget

The Commerce Department has an annual budget of several hundred million dollars, making it one of the smaller appropriated agenices of the State. For fiscal year 2011, the Department's budget consists of 20% in annual appropriations and 80% in federal grants. The Department's divisions have the following budgets:[3]

Division Budget (in millions)
Operational Support $8.4
Community Development $22.8
Global Business $4.3
Economic Development Contracts $265.6
Total $300.6

Supporting Agencies

References

This article is issued from Wikipedia - version of the 12/18/2013. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.