OKLAHOMA CITY – State Treasurer Ken Miller and his staff have been honored with three Quality Commendations by Governor Mary Fallin for projects conducted by the treasurer’s office during the past year. The awards were presented during Quality Oklahoma Team ceremonies at the State Capitol on Thursday.
The projects honored by Governor Falling increase efficiency and transparency of state government and include:
With appropriation cuts of 17 percent during the Great Recession, staff reductions of 40 percent and a desire to operate the treasurer’s office more efficiently at lower costs, a workspace consolidation project was undertaken to unite all agency employees in one location in the State Capitol Building.
By uniting all employees in the Capitol, ongoing savings are realized by eliminating the need for leased office space. Phase 1, in 2011 and 2012, increased usable workspace by 32 percent and addressed long-standing security concerns with the vault and teller window.
Phase 2, in 2013, increases usable workspace by 85 percent within the treasury’s existing square footage on the second floor.
At current lease rates, the office is eliminating $64,000 per year in lease payments. No lease charges are assessed on agencies housed within the State Capitol Building.
Oklahoma Treasury Online Checkbook
Oklahoma taxpayers now have a quick and easy way to examine state government’s spending with the “Oklahoma Treasury Online Checkbook” launched February 27th by State Treasurer Ken Miller, who said, “banks give their customers online access to their accounts; it only makes sense for the state’s chief financial officer to provide the same access to Oklahoma taxpayers.”
The online applications can be found by clicking on the online checkbook graphic on the treasury’s homepage: www.treasurer.ok.gov.
It contains searchable details on almost six million expenditures made since 2007 and some 200,000 deposits since 2010. This user-friendly tool, which many will find is as easy to their own checkbook, is a great complement to Open Books.
Remote Deposit Capture
Remote Deposit Capture (RDC) allows state agencies to process checks received for deposit at their designated locations without taking the deposit to the bank.
This new banking service offered by the Office of the State Treasurer (OST) in partnership with BancFirst allows state agencies to scan an image of the check (front and back) and send this image to the bank for deposit into a state account.
RDC eliminates the need for courier service or a daily trip to the bank by an employee.
All any agency needs is a Windows-based PC, high speed internet connection and a scanner and their depositing experience is as easy as 1, 2, 3 – prepare your deposits, scan your checks and transmit.
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For more information contact:
Tim Allen, Deputy Treasurer for Communications and Program Administration