Oklahoma State Treasurer Ken Miller's presentation on the Oklahoma Economic Outlook at Oklahoma Association of REALTORS® 2012 Leadership Development Conference.
Call Girls In Krishna Nagar Delhi (Escort)↫8447779280↬@SHOT 1500- NIGHT 5500→...
Oklahoma Economic Outlook 02-09-12
1.
2.
3. Economic & Budget Outlook OKLAHOMA STATE TREASURER KEN MILLER www.treasurer.ok.gov
4.
5.
6.
7. Gross Receipts: January 2012 February 2011 – January 2012 Percentage Variance Feb. 3.8% June 15.5% Jan. 8.5% OKLAHOMA STATE TREASURER KEN MILLER www.treasurer.ok.gov
8.
9. Gross Receipts: 12 Months $11,283 Dec. 2008 OKLAHOMA STATE TREASURER KEN MILLER www.treasurer.ok.gov (in millions) $11,283 Dec. 2008 $9,364 Feb. 2010 $10,760 Jan. 2012
10. Gross Receipts: Sources as percentage OKLAHOMA STATE TREASURER KEN MILLER www.treasurer.ok.gov February 2011 - January 2012
11. General Revenue Fund: Sources as percentage Fiscal Year 2011 OKLAHOMA STATE TREASURER KEN MILLER www.treasurer.ok.gov
12. General Revenue Fund Comparison with Estimate - First Half FY-12 OKLAHOMA STATE TREASURER KEN MILLER www.treasurer.ok.gov in millions +9.7% +18.3% +1.8% +33.4% -1.1% -4.1%
13. Where your money is spent OKLAHOMA STATE TREASURER KEN MILLER www.treasurer.ok.gov
14.
15.
16.
17.
18. Governor’s Tax Proposal OKLAHOMA STATE TREASURER KEN MILLER www.treasurer.ok.gov Lower, Flatter, Simpler Currently: 7 tax brackets Rates from ½% to 5.25% Families owe tax from first dollar Top rate at $15,900 Proposed: 3 tax brackets Rates from 2.25% to 3.5% Families owe no tax below $15,000 Top rate at $70,000
19. What’s driving our growth? OKLAHOMA STATE TREASURER KEN MILLER www.treasurer.ok.gov
20. Job growth outpacing the nation Source: Bureau of Labor Statistics 2011 2010 2009 2008 2007 Oklahoma U.S. OKLAHOMA STATE TREASURER KEN MILLER www.treasurer.ok.gov
21. Unemployment rate relatively low Source: Bureau of Labor Statistics OKLAHOMA STATE TREASURER KEN MILLER www.treasurer.ok.gov 8.3% 6.1% Oklahoma U.S.
22. Solid corporate profits Top 25 OK capitalized companies’ stock index Feb ’09 $20.47 Dec ’11 $52.18 OKLAHOMA STATE TREASURER KEN MILLER www.treasurer.ok.gov
23. Stable real estate prices Los Angeles Metro New York City Metro U.S. Average OKC Metro Tulsa Metro OKLAHOMA STATE TREASURER KEN MILLER www.treasurer.ok.gov
24. Increased drilling activity Source: Baker Hughes & U.S. Energy Information Administration Price per bbl Active Rigs West Texas Intermediate Crude Active Oklahoma Rigs OKLAHOMA STATE TREASURER KEN MILLER www.treasurer.ok.gov