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State Guide46th StateEst. 1907
Oklahoma OK
"The Sooner State"
More tribal nations than any state outside Alaska and California, the land run that named a generation, the Dust Bowl, Black Wall Street, the Oklahoma City bombing, and a Supreme Court decision that rewrote the legal map of half the state, Oklahoma's history demands to be told.
Oklahoma state finances at a glance
State Debt - FY2024
$10.2 billion
Total state government debt outstanding at the close of fiscal 2024, including long-term bonds and short-term borrowing across state agencies and public universities.
Tax Revenue - FY2024
$13.0 billion
Total Oklahoma state tax collections in fiscal 2024, led by the individual income tax ($4.5B) and the general sales tax ($3.8B), with oil and gas severance taxes ($1.1B) next.
Borrowing
Oklahoma requires a statewide vote for general obligation debt, so most borrowing runs through the Oklahoma Capitol Improvement Authority, which issues lease-revenue bonds repaid from annual appropriations. These are sold to investors in the municipal bond market. The state reported about $360 million in interest on its debt in fiscal 2024.
Source: U.S. Census Bureau, 2024 Annual Survey of State Government Finances.
~4.1M
Population
46th
State (1907)
39
Tribal Nations
1889
Year of Land Run