Taxes - Report
State Tax Revenues Still Down, With Slight Increase Predicted Print E-mail
By Andrew Guevara   
Thursday, January 07, 2010

During December, state tax revenues continued to fall short. According to Linda Luebbering, state budget director, revenues were down more than $170 million in December 2009, as compared to December 2008. The slide amounts to a 21.7-percent decrease. Despite the most recent decline, state officials say they expect tax revenues to bounce back slightly during the next fiscal year.

 
Committee Hears Second Round of Budget Testimony Print E-mail
By Andrew Guevara   
Tuesday, December 08, 2009

During the second day of public testimony, the committee heard the same message it had heard the day before from government agency representatives: Don't make additional cuts.

 
Facing Projected $1 Billion Shortfall, State Begins Budgeting Process Print E-mail
By Audrey Spalding   
Monday, December 07, 2009

The requests weren't for more money, but for no additional budget cuts. On Monday, the Senate Appropriations Committee began a series of public hearings to hear various government agency representatives plead for maintained funding from the state. But more cuts will likely be made.

 
State Revenues Continue to Fall Short Print E-mail
By Andrew Guevara   
Sunday, December 06, 2009

With state tax revenues down 10.8 percent the first quarter of the 2010 fiscal year compared with the first quarter of 2009, experts predict that revenues will continue to slide.

 
Stimulus Reporting Riddled With (Human) Errors Print E-mail
By Audrey Spalding   
Wednesday, November 18, 2009

According to data posted on the federal government's stimulus tracking website, Recovery.gov, stimulus dollars have created or saved more than 15,000 jobs in Missouri. But some of those jobs seem to be located in state congressional districts that don't exist.

 
Committee Reports 39 Public Pensions Underfunded Print E-mail
By Audrey Spalding   
Tuesday, November 17, 2009

Nearly 40 local and statewide pension systems for public employees are under funded, according to a report submitted on Tuesday to the legislature's Joint Committee on Public Employee Retirement (JCPER).

 
State Revenue Continues to Fall Short, but Liquor Tax Collections Up Print E-mail
By Andrew Guevara   
Tuesday, November 10, 2009

State tax revenue collections continue to fall short. For October 2009, collections were down 14 percent, compared with October 2008, falling from $514.8 million to $442.7 million.

 
More State Budget Cuts Announced Print E-mail
By Audrey Spalding   
Wednesday, October 28, 2009

On Wednesday, Gov. Jay Nixon announced an additional $200 million in state budget cuts. The cuts come in the wake of low state revenue numbers for the first quarter of the fiscal year. In early October, the director of revenue's office announced that the state had taken in nearly 10 percent less in revenues than it had during the previous year.

 


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