State Agencies Cut Even Though Revenues Expanding
8:04 pm
Wed July 2, 2014

Oklahoma Treasurer: Gross Receipts Keep Climbing

Credit State of Oklahoma

Oklahoma Treasurer Ken Miller says overall collections to the state treasury during the fiscal year that ended June 30 totaled $11.7 billion, an increase of more than 4 percent from the previous fiscal year

Miller released figures Wednesday that show collections for the month of June also were up about 6.6 percent compared to the same month last year.

He says collections have exceeded those from the same month of the prior year during 45 of the last 51 months. He says this is an indication of a steady economic expansion and a strong recovery since the recession ended in June 2009.

The figures released by Miller's office are gross receipts to the state treasury and not a reflection of how much revenue the state has available to spend.

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