OKLAHOMA CITY, Ok. - More bad news for Oklahoma's revenue and that means state agencies are bracing for another five percent cut to their allocations. Governor Brad Henry says there's no need to panic and "we've gotten some new projections from the Tax Commission that don't look great but they do show that over the next few months we ought to be in a little bit better shape because of the traditionally higher collection months." The Governor says July and August are traditionally low collection months. August collections were down more than $131-million from what had been estimated. State Treasurer Scott Meacham says that translates to a total cut to state agencies of $21-million.