Oklahoma

DALLAS — A $354 million general obligation bond issue outlined for trustees of the Tulsa County Independent School District No. 1 on Monday night would continue efforts contained in a 20-year capital improvement program adopted in 1995.

DALLAS — Oklahoma County Independent School District No. 1 will exhaust a 2007 authorization and sell the first bonds from a successful November election with today’s competitive sale of $15.5 million of general obligation bonds.

DALLAS — Oklahoma’s general fund revenue fell below expectations for the 10th consecutive month in October, but Treasurer Scott Meacham said the state’s economy may be poised for recovery, as the decline was not as steep as in recent months.

Scott Meacham, who has been Oklahoma’s treasurer since 2005, said last week he would not seek re-election or any other statewide office in 2010.

DALLAS — Oklahoma Gov. Brad Henry and legislative leaders notified state agencies on Tuesday to expect monthly budget cuts through the remainder of fiscal 2010 as revenues continue to drop below expected levels.

The request by Oklahoma County Independent School District No. 6 for $142.1 million of general obligation bonds was approved by more than 80% of the voters in the Oklahoma City suburb of Deer Creek.

Oklahoma state agencies will have their budgets held to 95% of appropriations for a third consecutive month as the decline in revenue steepened, and spending will be cut by about $21 million, according to Treasurer Scott Meacham.

The Oklahoma Transportation Commission last week delayed the awarding of contracts for a number of highway projects due to questions over the continued availability of federal funding.

Tulsa County Independent School District No. 5 has several projects under way that are wholly or partially financed with proceeds from $155 million of lease revenue bonds approved by voters in 2008.

DALLAS — Rising enrollment resulting from rapid growth in the northern suburbs of Oklahoma City is the primary driver in the request by the Oklahoma County Independent School District No. 6 for $142.1 million of general obligation bonds.

DALLAS - Oklahoma extended a 5% reduction in state agency spending through September as tax revenues continue an eight-month slide.

DALLAS — Tulsa, Okla., will finance the next 12 months of its five-year street improvement program with the proceeds from Thursday’s competitive sale of $70 million of general obligation bonds.