Formed 1987 Annual budget $300 million (FY11) | Employees 185 (FY11) | |
Preceding agency Department of Economic and Community Affairs Headquarters 900 N Stiles AvenueOklahoma City Minister responsible Larry Parman, Secretary of Commerce |
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.
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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.
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.
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: