Oklahoma

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.

A bill providing $40 million to complete the American Indian Cultural Center & Museum in Oklahoma City is nearing its final hurdle in the Oklahoma Legislature.

A majority of Oklahomans favor and end to tax breaks for horizontal oil and gas drilling, a new poll finds.

Oklahoma will test the refunding market with more than $300 million of revenue bonds in a pair of deals over two weeks.

Electric sales have fallen in recent years, forcing utilities to deal with new realities.

Oklahoma Gov. Mary Fallin wants to overhaul the state Capitol with a bond issue and the pension system with a defined contribution plan.

Citigroup won the bid on $50 million of Tulsa, Okla., general obligation bonds Jan. 30 with a true interest cost of 3.2008%.

Seeking to avoid debt wherever possible, state lawmakers are searching high and low for money to repair their aging capitols in the wake of recession.

A citizens' initiative in Oklahoma City seeks to curtail a voter-approved sales tax two years earlier than planned and prevent the use of $252 million for a new convention center.

A building damaged by the 1995 Oklahoma City bombing will be redeveloped with $4.75 million in tax-increment financing.

The Oklahoma Supreme Court overturned state legislation that cut the state's personal income tax and provided $120 million for repairs to the Capitol.

As 2013 nears its end, Oklahoma's 7.3% increase in gross tax collections last month point toward steady growth in the state's economy, according to State Treasurer Ken Miller.

Moody's Investors Service on Wednesday downgraded the Midwest Del City School District to Aa3 from Aa2 and retained a negative outlook, citing a "substantial reduction in reserves."

Moody's Investors Service downgraded Tulsa International Airport's revenue bonds to Baa1 from A3, citing five straight years of declining enplanements.

Standard & Poor's upgraded Oklahoma Water Resources Board's state loan program revenue bonds to AAA from AA-plus based on a higher general obligation pledge.

Voters in Tulsa, Okla., approved a record $918.7 million bond package by wide margins Tuesday.