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Nixon: Too soon to say if more budget cuts are needed

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(UPI file photo/Bill Greenblatt)
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By Marshall Griffin, St. Louis Public Radio

Jefferson City, Mo. – Governor Jay Nixon says the increase in state revenues last month was good news, but he also indicated that the state of Missouri is still on financially shaky ground.

"We're still underneath the consensus revenue estimate numbers that the budget was built on, so we'll watch (the) December numbers very carefully...but I think at this particular point to say that there may not have to be additional cuts, it's just too premature to say that."

Nixon made those comments today to reporters outside his office in the State Capitol Building.

Missouri's revenue numbers were up by nearly seven percent in November, partly because of a shift in timing for when sales taxes were collected.

Meanwhile, budget writers are scheduled next week to begin estimating the consensus revenue figures in preparation for the 2010 legislative session, which begins in January.

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