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The Office of Management and Enterprise Services has released the 2017 Comprehensive Annual Financial Report for the fiscal year ended June 30, 2017.

The CAFR is a yearly issuance published by OMES and reviewed by the Oklahoma State Auditor and Inspector. The CAFR is required by state law and is the primary means of reporting the state government's financial activities. It maintains reporting information for all agencies, funds and component units included in the state reporting entity, and prepares the annual schedule of expenditures of federal awards.

OKLAHOMA CITY – The Incentive Evaluation Commission has submitted and posted its final report on 12 state economic tax incentives reviewed this year.

As required under the state’s Incentive Evaluation Act, the report was submitted today to Gov. Mary Fallin, Senate President Pro Tempore Mike Schulz and House Speaker Charles McCall. The report was posted today on the Oklahoma Department of Commerce website, documents.ok.gov and on the commission’s website.

OKLAHOMA CITY, Dec. 14, 2017 — My goal since the beginning of the discovery of fiscal mismanagement at the Oklahoma State Department of Health (OSDH) mirrors that of the legislative investigative committee. That goal is to find out exactly what happened, how it happened and how to prevent it going forward. My testimony indicated that the minute the severity of this problem became apparent, my team and the governor took swift action to help rectify the situation.

The testimony given today was about assigning blame and political theater. If Auditor Jones did not feel my response to his initial conversation on Sept. 1 was adequate, then why did he not go directly to the OSDH Board – the governing body of the agency? Or to the governor, or to the legislative leadership who had the authority to appropriate money to help the agency make payroll?

Year-to-date comes in slightly above estimate at 1.8%

OKLAHOMA CITY — General Revenue Fund collections in November were $390.6 million and came in at $28.7 million, or 7.9 percent, above the monthly estimate. This amount is $48.2 million, or 14.1 percent above collections in November of 2016. Total collections over the first five months of the fiscal year were $2.2 billion which is $38.6 million, or 1.8 percent, above the year-to-date estimate and $185 million, or 9.4 percent, over the year-to-date for 2016.

No indication current trend to yield significant growth in next fiscal year

OKLAHOMA CITY — General Revenue Fund collections in October were $436.4 million and came $2.5 million, 0.6 percent, above the monthly estimate. Coincidentally, the year-to-date estimate also came in above by 0.6 percent. There was improvement in nearly every category from last year, as expected. 

"A revenue failure does not seem to be in the forecast, but neither does a healthy surplus, so maintaining FY 18 levels of funding to core services will require continued discussion, cooperation and effort," said Secretary of Finance, Administration and Information Technology Preston L. Doerflinger. "If the Legislature desires a different path forward, I urge them to begin putting those plans together now so they can be discussed during the next regular session."

Oklahoma City, Nov. 1, 2017 — Secretary of Finance, Administration and Information Technology Preston Doerflinger issued this statement responding to Legislature's plans to fund state agencies:

"Perpetuating the theory that providing a small amount of funding to help agencies with the promise we can come back during regular session blatantly disregards the balanced budget requirement set in our constitution.

"I am firmly of the opinion that the constitution requires Oklahoma to maintain a balanced budget, thereby not allowing the Legislature to “float” agencies until the Legislature returns. If appropriated funding is insufficient to maintain service levels provided in agencies’ original FY 2018 budgets, then reducing service levels is the only option left for those agencies. 

The State Capitol Building will open on schedule after being closed since 7 p.m. Friday, Oct. 13, for an electrical upgrade. The building was closed to remove existing electrical equipment and make the transfer to a new system.

The first 72 hours were the most crucial to the outage success, as demolition crews worked around the clock to remove existing switchgear and busway traversing the southwest wing of the building. At the same time, framers prepared a new fire-rated and code compliant electrical room where the connection was made between the OG&E vault and the new underground feeders.

OKLAHOMA CITY – The State Capitol building, which will be without power, will be closed to everyone but workers from Manhattan Construction for one week starting at 7 p.m. on Friday, Oct. 13, per direction of the Oklahoma Fire Marshal. The temporary closure is necessary to ensure the safety of construction workers, tenants and visitors while the Capitol’s outdated electrical infrastructure is being replaced. The building will be reopened to tenants and the public on Monday, Oct. 23. 

“When you’re talking about this sort of voltage, there’s virtually no way to work it safely when you’re talking about the terminations. That’s why you have to completely shut down the power to do the work,” said Andrea Gossard in a video detailing the electrical power project. Gossard is the project manager for Manhattan Construction, the company handling the interior restoration work. 

Recovery continues to be slow, steady

OKLAHOMA CITY — General Revenue Fund collections in September were $505.1 million and came in flat when compared with the monthly estimate. However, collections to the GRF were $52.4 million, or 11.6 percent, higher than prior year collections for September. 

"I want to continue the drumbeat of urging caution to those who are advocating for optimism when analyzing these revenues. Nothing we are seeing right now indicates that there will be considerably more money for agency appropriations in February," said Secretary of Finance, Administration and Information Technology Preston L. Doerflinger.

Income tax receipts were up 11.1 percent for September, the driving factor being corporate income tax with a 44 percent increase over prior year's collections. 

State Chief Information Office (CIO) Bo Reese has been named President of the National Association of State Chief Information Officers (NASCIO) executive committee for 2018. Reese serves as CIO for the State of Oklahoma as administrator of the Office of Management and Enterprise Services (OMES) Information Services division.

"Bo has continually demonstrated his leadership in overseeing the state's technology and data," said Governor Mary Fallin. "To date, OMES, under Bo's leadership, has saved the state $328 million through statewide IT consolidation. I have no doubt he will provide NASCIO with the same thoughtful and driven leadership that he has provided for the State of Oklahoma."

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