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Debts and Obligations

Debts and Obligations

Debts and Obligations

Refers to the efforts that the State of Oklahoma is making to ensure fiscal responsibility through the effective monitoring and management of debts and liabilities.

$852.8M
Annual Expenses to Date
Fiscal Year Budget by Funding Source
Agencies Contributing Budget

Debt Per Capita

Maintain the State of Oklahoma debt per capita at less than the national average every year through 2018.

• Today: 
$397 debt per capita
• Target: 
Below national average

Pension Debt Funded Ratio

Increase the State of Oklahoma's pension debt funded ratio from 72.5% funded in 2014 to NA% funded by 2018. (Target not yet established.)

• Today: 
76.00% funded
• Target: 
NA% funded

Unfunded Pension Liability

Decrease the State of Oklahoma's unfunded pension liability from $9.65 billion in 2014 to $NA billion by 2018. (Target not yet established.)

• Today: 
$8.81 billion
• Target: 
$NA billion

Moody's Bond Rating

Increase the Moody's bond rating of the State of Oklahoma from Aa2 in 2014 to Aa1 by 2018.

• Today: 
Aa2 rating
• Target: 
Aa1 rating