Oklahoma City manager Jim Couch last week said city department budgets would be cut 2% as sales tax revenue slid in December 2009 for the 10th month in a row.

Six months into fiscal 2010, Couch told City Council members, revenues are $17 million below expectations.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.