Figures released on Tuesday show collections to the state's General Revenue Fund in January were 3.4 percent below projections. For the first seven months of the fiscal year, collections are now 2.8 percent below the official estimate. If collections fall more than 5 percent below the estimate, state finance officials would be forced to declare a revenue failure and slash funding to state agencies, including public schools.

Oklahoma Office of Management and Enterprise Services news release

Oklahoma's Secretary of Finance Preston Doerflinger says the figures show Oklahoma's economy still has not recovered and underscore the need to approve some of Gov. Mary Fallin's proposed tax increases.

The Associated Press contributed to this report.

","published":"2017-02-14T19:24:03.000Z","updated":"2017-02-14T19:25:15.000Z","summary":"

A state finance official has released more bad news about Oklahoma's economy, announcing that revenue collections to state government's main operating fund are continuing to trail official estimates. 

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