Missouri revenue

Budget deficit "bake sale"
4:46 pm
Tue April 10, 2012

Groups hold 'bake sale' at Mo. Capitol

Andrea Routh of the Missouri Health Advocacy Alliance takes part in a "bake sale" to voice support for finding new sources of state revenue.
(Marshall Griffin/St. Louis Public Radio)

Several groups critical of the no new taxes stance of both Democratic Governor Jay Nixon and Republican legislative leaders held a bake sale today at the Missouri Capitol.

The event was held to highlight what the participants say is a lack of effort to explore new ways to raise revenue.  Sean Nicholson is with the group Progress Missouri.

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Mo. revenue
3:53 pm
Fri March 2, 2012

Mo. revenues still too low to balance the budget

(via Flickr/Tracy O)

Missouri's revenues are up over last year - they're just not growing fast enough to keep the state's budget in balance.

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College Sports Tournaments
1:10 pm
Thu March 1, 2012

St. Louis hosts its own version of "March Madness"

The MVC men's basketball tournament and NCAA wrestling championships will be held at the Scottrade Center.
(via flickr/.bobby)

The St. Louis region is kicking off what the St. Louis Sports Commission is calling its version of "March Madness." Beginning with the Missouri Valley Conference men's basketball tournament this weekend, the area will host four straight weeks of college sports tournaments.

The region will also host the MVC women's basketball tournament from March 8-11 at The Family Arena, the NCAA Division 1 wrestling championships from March 15-17 and the NCAA Division 1 men's basketball regional on March 23 and 25.

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Missouri State Budget
11:48 am
Thu January 5, 2012

Missouri revenues falling short of budget

(via Flickr/_J_D_R)

Halfway through Missouri's budget year, state revenues are sluggish.

The state budget office reported Thursday that Missouri's revenue increased 1.2 percent through the first six months of the 2012 fiscal year. Revenues need to grow at about 2.7 percent to meet the mark set by the budget.

Budget Director Linda Luebbering says the revenue report was "concerning." But she noted that the revenue could improve in the second half of the budget year. Missouri budgets take effect July 1.

Missouri State Revenue
2:05 pm
Wed December 21, 2011

Mo. estimate predicts 3.9 percent revenue growth

(via Flickr/Rob Lee)

Missouri officials are predicting a 3.9 increase in state revenue in the next fiscal year.

The so-called consensus estimate of general state revenue for the budget year that begins in July was released Wednesday. The estimate predicts total revenue of roughly $7.6 billion in the 2013 fiscal year.

The estimate is calculated by state and outside experts and agreed to by the governor and key legislators. It's one factor in developing Missouri's next state budget.

Gov. Jay Nixon is scheduled to release his budget proposal in January.

Mo. State Revenue
3:34 pm
Wed November 2, 2011

Missouri revenues falling short of budget

(via Flickr/_J_D_R)

Missouri's revenues have fallen slightly short of what's needed to meet the budget through the first third of the state fiscal year.

Figures released Wednesday by the state Office of Administration show general revenues rose 1.2 percent through October compared with the same point in the previous fiscal year.

State budget director Linda Luebbering says revenues need to grow at around 2 percent to meet the mark set by the budget.

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Missouri Tax Revenue
3:26 pm
Tue October 4, 2011

Missouri tax revenues increase 1.9 percent, refunds decline 22 percent

(via Flickr/kevindooley)

A new report says Missouri's revenues are up 1.9 percent in the current fiscal year compared with the same time last year.

Tuesday's figures from the state Office of Administration cover the first three months of the 2012 budget year, which began July 1.

The report shows individual income taxes up 2.2 percent and sales tax revenue up 3.1 percent over the same period a year ago.

But corporate tax collections from July through September are down more than 20 percent.

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Mo. State Revenue
3:29 pm
Fri September 2, 2011

Mo. revenue up 4 percent in first 2 budget months

An interior view of one of the hallways at the Missouri State Capitol in Jefferson City, Mo.
(via Flickr/david_shane)

Strong sales tax collections in August helped Missouri's revenues rise more than 4 percent during the first two months of the state's budget year.

Figures released Friday by the state Office of Administration show August sales tax revenues were up 9.6 percent over the same month a year ago. Corporate tax collections also rose while tax refunds fell. That helped offset a slight decline in individual income tax collections and produced a net revenue increase of 6.9 percent for August.

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Morning round-up
9:24 am
Fri August 5, 2011

Morning headlines: Friday, August 5, 2011

Missouri's gross revenue collection in July was up by .6 percent as compared to July 2010.
flickr/yomanimus

Mo. Gross Revenue Up Slightly

Missouri’s gross revenue collection in July was up by .6 percent as compared to July 2010.

The revenue increase is driven by strong individual income tax collection, which was up 9.3 percent over the same time last year. Sales taxes remain stagnant, according to state budget director Linda Luebbering. She blames low sales tax collection on a stubbornly high unemployment rate.

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Missouri Tax Revenue
11:24 am
Thu June 2, 2011

Mo. tax revenue 2.7 percent higher than last year

(via Flickr/_J_D_R)

Missouri tax revenue is higher than last year, but a dip in individual income tax collections last month has prompted some concern.

Eleven months through the current budget year, revenue has increased from last year by 2.7 percent to $6.5 billion. However, the state Office of Administration reported Thursday that individual income tax collections were down 1.4 percent from May 2011 to May 2010.

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