Oklahoma

Oklahoma revenues for February ran 18% below projections as the state Legislature grapples with a budget gap of more than $900 million.

Oklahoma will use $78.5 million from its rainy day fund to operate public schools and prisons in the current fiscal year, Gov. Mary Fallin announced.

Oklahoma Gov. Mary Fallin wants lawmakers to approve another $120 million of bonds to complete repairs of the Capitol, as they struggle with a $910 million budget gap.

Standard & Poor's credit analysts say they will closely watch how Oklahoma resolves its $900.8 million shortfall in a depressed energy market that has drained the state's coffers.

Oklahoma's 3% mid-year cuts to school districts are credit negative because they hinder the districts from paying for budgeted expenditures for the remainder of the school year, according to Moody's Investors Service.

Oklahoma's projected 13% decline in revenues in fiscal 2017 illustrates how much low energy prices will stress budgets in oil and gas producing states, Moody's Investors Service says.

Seven U.S. cities intend to dedicate 10% of their annual budgets toward resilience strategies under a worldwide program designed to fortify urban centers.

Oklahoma plans to price $115 million of revolving fund revenue bonds to replenish its loan pool for local water utilities.

A bond investor’s suspicions triggered a municipal bond trustee’s firing of a vice president but the question remains: what happened to more than $2 million?

The University of Oklahoma Board of Regents is going to market with $245 million of taxable and tax-exempt bonds for improvements to the football stadium, its residential colleges and a parking garage, after Fitch & S&P downgrades.

A consultant's report shows that earnings for Oklahoma's seven public pension funds fell steeply from the previous year. State Treasurer Ken Miller said the drop was not unexpected but should guide policies in the future.

Issuers in the Southwest sold $42.8 billion of municipal bonds in the first half of 2015, according to data from Thomson Reuters, a 39% year-over-year increase

A 5% drop in revenues in July represented Oklahoma’s third consecutive month of declines over the same period last year, according to state Treasurer Ken Miller.

Earthquakes across the nation’s energy-producing regions could have widespread impact on credits and the economies of the regions, according to a report by Standard & Poor’s.

Oklahoma will reduce spending by $74 million or 1% under a $7.1 billion budget agreement between Gov. Mary Fallin and legislative leaders.

A former Oklahoma lawmaker is seeking to have $2 billion of budget bills from the past three years declared unconstitutional by the state Supreme Court.

An 8.2% increase in income tax receipts kept Oklahoma revenues positive despite the continued weakness of oil and gas income.

The Oklahoma House approved a bill that pre-empts local control of oil and gas drilling after an official report linked disposal wells to swarms of earthquakes.

After years of official skepticism, publicly funded studies in Texas and Oklahoma cite oil and gas industry activity as the probable cause of earthquakes in the two states.

Tax revenue from oil and gas production in Oklahoma has fallen to a 12-year low, according to the latest report from state Treasurer Ken Miller.