Oklahoma

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."

Oklahoma Gov. Mary Fallin has reached agreement with state legislative leaders on a $7.1 billion budget that lowers spending by 1.4%.

A western Oklahoma hospital that has struggled to hire doctors falls another notch below investment grade on the Fitch Ratings scale.

Tulsa County Independent School District gained a ratings notch to AA-minus from Standard & Poor's based on its strong reserves.

Oklahoma Gov. Mary Fallin is expected to sign bill cutting top state income tax rate to 5%.

An Oklahoma group seeking $500 million of state bonds for school storm shelters will begin a new petition drive in May.