Oklahoma

Tax revenue in the top oil producing states has fallen sharply, dropping by 40% in Texas, according to the U.S. Energy Information Administration.

Tulsa Public Schools won 80% approval for its record $415 million bond proposal that will help the inner-city district compete with its suburban rivals.

The doubling of Oklahoma's revenue shortfall to $600 billion is “the latest data point in a credit-negative trend,” according to Moody's Investors Service.

In a review of key public finance sectors affected by falling oil prices, Moody's Investors Service analysts see an upside for transportation and those supported by consumer spending.

Voters gave three Tulsa, Okla., area school districts authority to issue $487 million of bonds for school construction, including $340 million for the Broken Arrow district.

Delivering her budget and state-of-the-state address on the same day, Oklahoma Gov. Mary Fallin urged the opening session of the state Legislature to find a longterm solution to this year’s $300 million shortfall.

In a state with the nation's highest incarceration rate, Oklahoma Gov. Mary Fallin is calling on the state legislature to reduce the number of inmates through drug treatment and mental health programs.

In the opening session of the Oklahoma Legislature, House Speaker Jeff Hickman calls for sacrifice from state employees and recipients of state services as revenue falls 4.1%.

Tulsa Public Schools are planning to ask voters for one of the largest bond issues in Oklahoma history at $415 million.

A year after the Oklahoma Supreme Court struck down legislation authorizing $120 million for repairs to the state Capitol, the first bond issue of $50 million is going to market in January with the court's approval.

Warnings of a "death spiral" for regulated electric utilities caused by distributed generation such as rooftop solar panels are premature, according to Moody's Investors Service.

Falling oil prices add fiscal pressure to five of the nation's top energy-producing states, according to Moody's Investors Service.

With revenues for the past year already running at record levels, Oklahoma revenues surged 8% in September.

Oklahoma plans to use proceeds of this week's $67 million sale of lease-revenue bonds for two state universities and a community college.

Oklahoma's Grand River Dam Authority will issue $400 million of revenue bonds with the benefit of an upgrade to A1 from A2 by Moody's Investors Service.

Oklahoma transportation officials aim to clear a backlog of highway and bridge projects under a $6.3 billion funding plan through 2022.

Revenues of $992 million surpassed those of any previous July, rising 7.4% over the same month last year, state Treasurer Ken Miller said.

Oklahoma achieved its savings target with a $55.5 million refunding of revenue bonds, officials said.

Oklahoma will issue $120 million of bonds to repair the state Capitol after Gov. Mary Fallin signed House Joint Resolution 1033.

Oklahoma is selling a rail line that may bring passenger service to the state's two largest cities and tank cars to the "Pipeline Crossroads of the World."