Oklahoma

High prices for Oklahoma natural gas are credited for the slight increase in March revenues, Treasurer Ken Miller said last week.

The Oklahoma Senate adopted a proposed constitutional amendment that would cap how much debt service could be paid each year on bonds supported from state taxes.

February's 10% drop in state revenue is due to volatile income tax collections and not a cause for concern.

Tulsa voters may face two separate elections on a proposed $800 million capital improvement program.

Oklahoma Gov. Mary Fallin's request to cut the top state income tax rate to 5% was approved Tuesday by the state House .

Oklahoma revenues last month fell below collections in February 2012, marking the fifth time in the past 12 months that collections did not attain the previous year's totals.

Tulsa Mayor Dewey Bartlett wants to extend a sales tax to finance police and fire recruiting and training efforts.

Democratic lawmakers and local school officials call on the Oklahoma Legislature to avoid tax cuts they said would damage public education.

State bond debt and lease commitments would be capped at 28% of general revenue under a bill approved by House.

Debt service on state bonds would be limited to 4.5% of annual state revenues under a proposed constitutional amendment.

Tulsa County Independent School District Number 1 is holding public hearings on a proposed $38 million bond program focusing on technology.

January's extension of federal tax cuts will not lower Oklahoma fiscal 2014 revenues as had been feared earlier.

All Oklahoma state tax credits and exemptions would be reviewed to determine if their benefits outweigh the costs under a bill filed last week.

Oklahoma's tax collections in January totaled more than $1 billion for the first time, as income tax withholdings and sales taxes surged to historic highs.

An infrastructure renewal proposal by House Republicans Caucus calls for pay-as-you-go rather than bond financing for state projects.

A 2008 law authorizing $25 million of state bonds to repair a city-owned low-water dam on the Arkansas River at Tulsa would be revoked by a bill proposed by Sen. Patrick Anderson, R-Enid.

The Internal Revenue Service is auditing $228 million of tax-exempt LIBOR floating rate bonds issued by the Oklahoma Student Loan Authority in 2010 as part of an expanded audit the agency had initiated last fall.

In a case with implications for the bond industry, the U.S. Supreme Court ruling could send water flowing from Oklahoma to Texas after years of battles over interstate pipelines in the drought-prone region.

The 7,000 registered voters in Oklahoma’s Canadian County ISD No. 34 are deciding Tuesday, Jan. 8 on a $44.8 million bond issue after a similar measure was defeated last year.

Students in Oklahoma County ISD No. 1 will swap textbooks for iPad computer tablets if voters approve a $6 million bond issue at the Feb. 12 election.