Missouri revenue

Mo. House Adds Gov. Nixon's Amendment To Capital Improvements Bill

Marshall Griffin — Thu, 02 May 2013 21:46:42 +0000

The Missouri House has adopted Governor Jay Nixon’s (D) proposal announced Thursday to add $86 million to a capital improvements bill.

The move follows the release of April’s general revenue report, which shows revenue collections for the current fiscal year are up by more than 11 percent. The Governor’s proposal includes $13 million for a new state mental hospital at Fulton, $45 million for state parks, and $28 million for structural repairs to the State Capitol. House Speaker Tim Jones (R, Eureka) says it’s an agreement that will be especially beneficial to the ne

Missouri Revenues Grow During First Half Of FY2013

Marshall Griffin — Fri, 04 Jan 2013 23:38:36 +0000

While 2013 began just a few days ago, Missouri's Fiscal Year is now half-over, and so far officials say it's been a good one.

The latest numbers from Governor Jay Nixon's Budget Office show a 7.9 percent increase in revenue collections from July to December, as compared to the same 6-month period a year ago.

At that time, the Show-Me State had collected around $3.49 billion in revenues. A year later, collections stand at $3.77 billion. Budget Director Linda Luebbering credits an improved economy.

Conservative Group Wants Any Budget Surplus Given Back To Mo. Taxpayers, Rainy Day Fund

Marshall Griffin — Wed, 02 Jan 2013 12:43:59 +0000

A conservative group is calling on Governor Jay Nixon (D) and Missouri lawmakers to return any budget surplus there may be next year to taxpayers.

Nixon and GOP legislative leaders are expecting a 3.1 percent growth in state revenues during the next fiscal year. Patrick Werner heads the Missouri Chapter of Americans for Prosperity, which advocates for fiscally conservative practices. He says any left over money should either be returned to taxpayers or socked away in the state’s Rainy Day fund.

Report: Growth Expected For Missouri Economy Next Year

Marshall Griffin — Tue, 18 Dec 2012 23:20:58 +0000

Missouri’s economy is expected to grow next year, according to the annual revenue estimate released Tuesday by the Governor’s office and key legislative leaders.

Democratic Governor Jay Nixon, along with GOP Budget chairs Rick Stream from the House and Kurt Schaefer from the Senate, say that the state’s economy will grow by just over 3 percent during the next fiscal year. The economic growth rate is actually estimated to be 4.8 percent – but the loss of one-time revenue sources from Washington and other factors lower it to the 3 percent net rate.

Mo. State Workers To Get Black Friday Off This Year

Marshall Griffin — Fri, 02 Nov 2012 22:01:12 +0000

Governor Jay Nixon (D) has decided to let state employees take the day after Thanksgiving off work this year.

The state’s latest general revenue report show that Missouri collected 7.5 percent more money last month than it did in October of last year, and State Budget Director Linda Luebbering says that’s part of the reason why state workers will get to stay home on November 23rd.

“It does cost us a little bit to provide those holidays to state employees, and that’s why he didn’t authorize that in (20)10 and (20)11, because of that cost to th