Budget Director Talks Tight Budget

6 years 4 months 1 week ago Tuesday, January 17 2012 Jan 17, 2012 Tuesday, January 17, 2012 6:37:00 PM CST January 17, 2012 in News
By: Andrew Carter
loading

Jefferson City - Linda Luebbering, the Missouri Budget Director, addressed Governor Nixon's budget proposal focusing on cuts and future spending.

"With this proposal, this budget is balanced, and as long as we get that concensus revenue estimate we should be balanced and we should be able to move forward," Luebbering said.

An $89 million reduction will be in effect for 4-year colleges and universities, while the government looks to raise $64 million in additional debt collections and other revenue efficiencies.

There will be a priority on stable funding for K-12 transportation with a $99.8 million fund. With a lot of cuts and a tight budget, Luebbering talked of a bipartisan tax amnesty plan she expects to pass, which would increase the budget by $51.8 million.

Along with number crunching, Luebbering said the unemployment rate is the lowest its been in three years, and the fiscal year 2013 concensus revenue estimate assumes a growth rate of 3.9 percent in general revenue.

Jay Hardenbrook of Public Affairs for the Missouri Budget Project hopes certain proposals can help improve the budget.

"One of the best things we can do to expand our economy to encourage economic growth in the next year is to pass the Marketplace Fairness Act. It's something people have been talking about," Hardenbrook said.

The Marketplace Fairness Act gives states broad authority to require online sellers like Amazon collect and remit state sales taxes so online and storefront retailers all operate under the same rules.

The Missouri Budget project will start looking at the new budget proposal starting Wednesday.

More News

Grid
List
BOONVILLE - Hundreds of cyclists were traveling from Columbia to Boonville for the 10th annual Pedaler's Jamboree. The event... More >>
1 hour ago Saturday, May 26 2018 May 26, 2018 Saturday, May 26, 2018 4:59:00 PM CDT May 26, 2018 in News
COLUMBIA - In August 2017, Michael Stephenson moved into his new town home at Aspen Heights for the new school... More >>
2 hours ago Saturday, May 26 2018 May 26, 2018 Saturday, May 26, 2018 4:43:00 PM CDT May 26, 2018 in News
COLUMBIA - Open pools means play time for many people in Columbia but Parks and Recreation is still hard at... More >>
2 hours ago Saturday, May 26 2018 May 26, 2018 Saturday, May 26, 2018 4:42:00 PM CDT May 26, 2018 in News
JEFFERSON CITY - Seven people die every day due to house fires. The American Red Cross is teaming up with... More >>
2 hours ago Saturday, May 26 2018 May 26, 2018 Saturday, May 26, 2018 4:30:00 PM CDT May 26, 2018 in News
INDEPENDENCE - An 87-year-old man has gone missing after leaving his residence Friday. He has been diagnosed with significant memory... More >>
2 hours ago Saturday, May 26 2018 May 26, 2018 Saturday, May 26, 2018 4:29:00 PM CDT May 26, 2018 in News
JEFFERSON CITY (AP) — Missourians who are moving outdoors as the weather should keep their eyes open for snakes. ... More >>
8 hours ago Saturday, May 26 2018 May 26, 2018 Saturday, May 26, 2018 10:21:00 AM CDT May 26, 2018 in News
LAKE OZARK - For those heading to the lake Memorial Day weekend, Saturday morning is the first day of a... More >>
9 hours ago Saturday, May 26 2018 May 26, 2018 Saturday, May 26, 2018 9:00:00 AM CDT May 26, 2018 in News
(CNN) -- The counting of votes was underway Saturday following Ireland's referendum to lift the... More >>
12 hours ago Saturday, May 26 2018 May 26, 2018 Saturday, May 26, 2018 6:43:00 AM CDT May 26, 2018 in News
NEW BLOOMFIELD - New Bloomfield has a new mayor, but it's the way he was selected that has a group... More >>
21 hours ago Friday, May 25 2018 May 25, 2018 Friday, May 25, 2018 9:26:00 PM CDT May 25, 2018 in News
KANSAS CITY (AP) — The ACLU of Missouri is suing the Independence School District on behalf of a senior banned... More >>
1 day ago Friday, May 25 2018 May 25, 2018 Friday, May 25, 2018 6:35:00 PM CDT May 25, 2018 in News
COLUMBIA - The Thornbrook neighborhood was without water and electricity for almost two hours on Friday. Columbia Water and... More >>
1 day ago Friday, May 25 2018 May 25, 2018 Friday, May 25, 2018 5:36:00 PM CDT May 25, 2018 in News
CALLAWAY COUNTY – Four vehicle crashes have occurred this week along State Road F west of Fulton in Callaway County.... More >>
1 day ago Friday, May 25 2018 May 25, 2018 Friday, May 25, 2018 4:12:00 PM CDT May 25, 2018 in News
COLUMBIA – After serving eight years in the United States Air Force, the passion of this veteran for sky travel... More >>
1 day ago Friday, May 25 2018 May 25, 2018 Friday, May 25, 2018 3:50:00 PM CDT May 25, 2018 in News
JEFFERSON CITY - In another day of political theater, the special House committee investigating Governor Eric Greitens heard new testimony... More >>
1 day ago Friday, May 25 2018 May 25, 2018 Friday, May 25, 2018 3:15:00 PM CDT May 25, 2018 in News
COLUMBIA- Organizers are expecting a large turnout for the 30th annual "Salute to Veterans" airshow on Memorial Day weekend. ... More >>
1 day ago Friday, May 25 2018 May 25, 2018 Friday, May 25, 2018 2:53:00 PM CDT May 25, 2018 in News
COLUMBIA- When most people lose an animal, one of the first steps is to put a "missing" sign on a... More >>
1 day ago Friday, May 25 2018 May 25, 2018 Friday, May 25, 2018 2:46:00 PM CDT May 25, 2018 in News
COLUMBIA - Aircraft and pilots met at Columbia Regional Airport Friday to prepare for the 30th annual "Salute to Veterans"... More >>
1 day ago Friday, May 25 2018 May 25, 2018 Friday, May 25, 2018 2:45:00 PM CDT May 25, 2018 in News
CALIFORNIA - A high-speed car chase ended Sunday when the suspect slid into a ditch, according to a press release... More >>
1 day ago Friday, May 25 2018 May 25, 2018 Friday, May 25, 2018 2:30:00 PM CDT May 25, 2018 in News
Columbia, MO
Broken Clouds 88°
7pm 86°
8pm 85°
9pm 81°
10pm 79°