Ken Miller

Oklahoma News
12:01 pm
Fri December 5, 2014

OK Treasurer Proposes State Trust Fund For Unclaimed Property

Credit Joe Wertz / StateImpact Oklahoma

Oklahoma state Treasurer Ken Miller is calling on the Legislature to consider creating a trust fund using unclaimed property — similar to the state's Tobacco Settlement Endowment Trust Fund.

Unclaimed property is typically money such as stocks, bonds, life insurance policies, and even uncashed paychecks that haven't been claimed by the owner and are turned over to the state until the owner comes forward.

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Politics and Government
6:51 pm
Thu November 13, 2014

Prediction: Next Year's State Budget To Be Flat

Preston Doerflinger
Credit Oklahoma PCA / Flickr Creative Commons

Secretary of Finance, Administration and Information Technology Preston Doerflinger warned Thursday that next fiscal year’s state appropriated budget will be flat.

Doerflinger’s comments came in his monthly General Revenue Fund report. The report showed General Revenue Fund (GRF) collections in October totaled $471.6 million. That was $3.4 million, or 0.7 percent, above the official estimate upon which the FY2015 appropriated state budget is based and $23.3 million, or 5.2 percent, above prior year collections.

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Oklahoma Watch
9:12 am
Mon September 8, 2014

Tax Revenue Jump Is Largest In Over A Year

Oklahoma Treasurer Ken Miller
Credit Joe Wertz / StateImpact Oklahoma

Oklahoma’s August tax collections increased by 7.5 percent, the largest percentage increase in monthly receipts since July 2013, State Treasurer Ken Miller said in a media statement. Miller said August receipts “were just less than $900 million.”

“Oklahoma’s economy continues to climb up the expansion side of the business cycle,” Miller said. “Our people are earning and spending more, as reflected by steady growth in income tax and sales tax receipts.”

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Economy
12:46 pm
Tue June 3, 2014

Oklahoma Treasurer Says State Revenue Up In May

State Treasurer Ken Miller
Credit State of Oklahoma

Oklahoma's state treasurer says collections from the state's major revenue sources indicate the state's economy remains strong.

Treasurer Ken Miller released his office's revenue report for the month of May on Tuesday. It shows gross collections for the month are almost 2 percent ahead of the same month last year. Receipts for the past 12 months are more than 3 percent higher than the previous 12 months.

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Business and Economy
1:26 pm
Mon May 5, 2014

Miller: Kansas Downgrade Should Serve As A 'Wake-Up Call' To Oklahoma

Oklahoma Treasurer Ken Miller is warning state policymakers that a reduction in Kansas' bond rating should serve as a "wake-up call" that a potential downgrade could happen in Oklahoma, despite the state's growing economy.

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Oil Production Tax
2:31 pm
Tue January 7, 2014

Miller: Willingness Exists To Look At Overall Oil

State Treasurer Ken Miller says he believes state officials and those in the energy industry are willing to consider a change in the way oil production is taxed.

Miller’s remarks came just a few days after House Speaker T.W. Shannon announced he will introduce legislation to make permanent the 1 percent tax on horizontal drilling.

“I think there is some willingness to look at changing the overall (gross production-oil) tax code and just lowering the rate on all the production and incentivizing the norm,” Miller said .

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Business and Economy
8:40 am
Tue January 7, 2014

Treasurer: Oklahoma Economy Continues To Improve

State Treasurer Ken Miller
Credit State of Oklahoma

State finance officials say Oklahoma's economy is continuing to grow, but the pace appears to have slowed in 2013.

State Treasurer Ken Miller released figures on Monday that show overall gross collections to the state treasury in 2013 increased by 3.2 percent over the previous year.

Miller says all major sources of revenue saw improvement in 2013, although not as robust as growth during the previous few years.

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State Treasurer
8:31 am
Thu December 19, 2013

Mickey Mantle Baseball Brings $400 In Oklahoma Auction

A baseball autographed by Mickey Mantle was one of many items auctioned by the state Treasurer's office.
Credit Oklahoma Treasurer's Office

A baseball autographed by Mickey Mantle is among the items that have sold in the Oklahoma state treasurer's auction of unclaimed items found in abandoned safe deposit boxes.

Treasurer Ken Miller says the baseball sold Wednesday for $400. Six large silver bars sold for $11,000, while one box containing 67 class rings sold for $19,000.

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Business and Economy
1:29 pm
Wed December 4, 2013

Oklahoma Economy Grew In November, Even Without Black Friday

State Treasurer Ken Miller
Credit State of Oklahoma

Oklahoma's economy continued to grow last month.

State Treasurer Ken Miller says gross receipts were up by 7.3 percent, or $58 million, compared to November 2012.

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State Capitol
9:01 am
Tue October 22, 2013

Oklahoma Officials To Visit Bond Rating Agencies

Oklahoma Secretary of Finance Preston Doerflinger.
Credit Oklahoma PCA / Flickr Creative Commons

Gov. Mary Fallin, Treasurer Ken Miller and other state officials will meet Wednesday with representatives of the nation’s leading bond rating agencies.

Fallin, Miller, Secretary of Finance, Administration and Information Technology Preston Doerflinger, Secretary of State Larry Parman and State Bond Advisor Jim Joseph are scheduled to meet with representatives of Standard and Poor’s Corporation, Fitch Ratings and others.

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