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Treasurer: Okla. Economy Continues to Improve (Dec 01, 2011)

OKLAHOMA CITY (AP) - Oklahoma Treasurer Ken Miller says the state's gross revenue collections continued their upward trend in November, pushing the state's 12-month receipts to their highest level in more than two years.

Miller released revenue figures on Thursday that showed gross collections this November were 13.2 percent higher than November 2010, with increases in every major category of tax collections.

Miller says the figures are promising and point to "an economically healthy holiday season."

Over the past 12 months, Miller reports that gross revenue totaled $10.5 billion. That's an increase of more than 9 percent over the 12-month period that ended in November 2010.

Miller's figures include gross state revenue collections, not just those to the state's general fund, which is used to fund state government.

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