This report contains analyses of income and expenditures for Oklahoma state colleges and universities for the fiscal year 1997-98. Educational and General Part I Income was reported at $751,750,307 for the 25 Oklahoma institutions for 1997-98, an increase of 7.3% from income reported for the preceding year, and 25.7% over the previous three years. The proportion of Educational and General income from student fees has increased from 25.1% in 1994-95 to 27.2% in 1997-98. From 1994-95 through 1997-98, state appropriated funds have decreased as a percentage of total educational and general income from 64.1% to 62.4%. Total Educational and General income grew by 25.7% between 1994-95 and 1997-98. The largest annual increase was 13.5% in 1996-97. Total student fee revenue increased 36.1% over the four-year period compared to an increase of 22.3% in state appropriations. State appropriations per full-time enrollment student in 1997-98 increased $932.34 or 27.1% from 1994-95. Student fee revenue per full-time enrollment student in 1997-98 increased $557.86 or 41.4% from 1994-95. During the fiscal year 1997-98, Oklahoma's 25 state-supported colleges and universities spent a total of $716,628,877 for all current operating purposes, an increase of $46,481,041 or 6.9% more than 1996-97. (VWC)