OKLAHOMA CITY (AP) — Oklahoma’s treasurer says state revenue collections continued to rise in February, the fourth anniversary of the low point reached following the latest recession.
Treasurer Ken Miller released his monthly report on gross receipts Thursday. It says collections have topped the same month of the prior year in 41 of the past 48 months. Miller says gross receipts have grown by almost 25 percent in the last four years.
Twelve-month gross receipts have expanded by $2.2 billion — or more than 23 percent — since exiting their trough in February 2009, eight months following the official end of the last national recession.
February’s revenue report shows gross collections of $818 million, up more than $27 million, or 3.5 percent, from February 2013.