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DCS provides government-wide purchasing, supplying, operation, and maintenance of state property, buildings, and equipment, and for the sale of surplus items. DCS also manages the state motor vehicle fleet and provides government-wide risk management, printing and distribution, and strategic financial and administrative support.
The State Treasurer of Oklahoma is the chief custodian of Oklahoma's cash deposits, monies from bond sales, and other securities and collateral and directs the investments of those assets. The treasurer provides for the safe and efficient operation of state government through effective banking, investment, and cash management.
The department also investigates and licenses creditors of the state. The department is led by a Consumer Credit Commission, which consists of eight members appointed by the Governor of Oklahoma with the consent of the Oklahoma Senate to serve five-year terms. The State Banking Commissioner serves as a non-voting member of the commission. The ...
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Under cash accounting: The government's budget surplus decreases (or deficit increases) by the amount of cash used (or debt incurred) to acquire the building in the year the government takes ownership. After the year of acquisition, the only expense recorded is the annual cost to operate and maintain the building.
The Oklahoma Turnpike Authority will be doing land-office business when 28 parcels of property alongside seven of the state's 10 toll roads are sold at auction in Oklahoma City.. The auction will ...
The Oklahoma State Banking Department (OSBD) is an agency of the state of Oklahoma. The Banking Department is responsible for regulating Oklahoma's banking system, including state-chartered banks , credit unions , savings and loan associations , and trust companies , as well as [(money transmitters)] and money order companies.
Note that the government is allowing an interest-free pause for repayment on most federal student loans through the end of September 2020 to help ease the impact of the coronavirus pandemic. The ...