Oklahoma school districts are spending millions of taxpayers' dollars every year by paying high fees for financial advisers, bond counsel and underwriters, says Jim Joseph, the state's bond adviser.

Many school districts continue to do the same thing year after year, while stubbornly refusing to use cost-saving competitive selection measures, he said.

"It's like picking a roofer right after a storm because he's the first guy who came to your door," Joseph said. "You're not going to get a deal, that's for sure."

State Auditor Gary Jones agreed school boards could save Oklahoma taxpayers money by obtaining competitive quotes.