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Govenor To Meet With Rating Agencies

 

Oklahoma Gov. Mary Fallin is traveling to New York this week to visit with some of the nation's top credit rating agencies, and she's taking top state lawmakers with her.

Fallin spoke to reporters Monday following a meeting of the State Board of Equalization. She said she plans to leave Tuesday for a New York trip with Oklahoma Treasurer Ken Miller, her Secretary of Finance Preston Doerflinger, House Speaker-designate Charles McCall, and Oklahoma City Sen. Greg Treat, who is vice-chairman of the Senate Appropriations Committee.

Fallin says she wants to include legislators on the visits to ensure they understand the nuances rating agencies consider when analyzing Oklahoma's budget practices.

Moody's Investors Service last week gave Oklahoma negative marks for drawing down reserves and cutting funding to higher education.