Missouri Revenues Falling Short of Projections

4 years 1 month 1 week ago Tuesday, June 03 2014 Jun 3, 2014 Tuesday, June 03, 2014 12:33:00 PM CDT June 03, 2014 in News
By: The Associated Press

JEFFERSON CITY (AP) - Missouri appears increasingly likely to finish its budget year with less revenue than had been expected.

The state budget office said Tuesday that Missouri's net general revenues are up just 0.2 percent through the first 11 months of its 2014 fiscal year.

The Legislature had projected 2 percent growth, and Gov. Jay Nixon had forecast 2.8 percent growth for the year.

State sales tax revenues actually have increased by 2 percent over the previous year. But Missouri's individual income tax collections - which are the state's primary revenue source - are down 0.7 percent.

The 2014 fiscal year runs through June 30.

The sluggish revenues have led Department of Revenue to slow down the pace of issuing income tax refunds to thousands of Missouri taxpayers.

 

More News

Grid
List
COLUMBIA - Work to remove several large pin oaks from Mizzou's Francis Quadrangle began Monday after a recent study showed... More >>
48 minutes ago Monday, July 16 2018 Jul 16, 2018 Monday, July 16, 2018 10:17:00 AM CDT July 16, 2018 in News
BEIJING (AP) — China announced it filed a World Trade Organization challenge Monday to President Donald Trump's latest tariff threat,... More >>
1 hour ago Monday, July 16 2018 Jul 16, 2018 Monday, July 16, 2018 9:52:57 AM CDT July 16, 2018 in News
HELSINKI (AP) — President Donald Trump and Russia's Vladimir Putin opened their long-awaited summit Monday with a wink and slouch,... More >>
1 hour ago Monday, July 16 2018 Jul 16, 2018 Monday, July 16, 2018 9:37:00 AM CDT July 16, 2018 in News
JEFFERSON CITY - A Jefferson City man died in Iowa Saturday morning during police pursuit. A Fayette County Sheriff's... More >>
2 hours ago Monday, July 16 2018 Jul 16, 2018 Monday, July 16, 2018 8:20:00 AM CDT July 16, 2018 in News
BOONE COUNTY - Boone County deputies investigate a death at North Lakewood Drive and East St. Charles Road. Deputies... More >>
3 hours ago Monday, July 16 2018 Jul 16, 2018 Monday, July 16, 2018 7:15:00 AM CDT July 16, 2018 in News
CALLAWAY COUNTY - Callaway County Sheriff's deputies will continue to patrol the Little Dixie Conservation Area Sunday night and into... More >>
13 hours ago Sunday, July 15 2018 Jul 15, 2018 Sunday, July 15, 2018 9:10:00 PM CDT July 15, 2018 in News
COLUMBIA- Ragtag Cinema showed the World Cup Final against France and Croatia Sunday on its movie screens free of charge.... More >>
15 hours ago Sunday, July 15 2018 Jul 15, 2018 Sunday, July 15, 2018 7:53:00 PM CDT July 15, 2018 in Continuous News
BOONE COUNTY - Two cities in Boone County have higher numbers of traffic stops involving minorities, according to an annual... More >>
16 hours ago Sunday, July 15 2018 Jul 15, 2018 Sunday, July 15, 2018 6:56:00 PM CDT July 15, 2018 in News
(CNN Money) -- Amazon has successfully invented a new shopping holiday, and it's set to capitalize on the rewards. ... More >>
17 hours ago Sunday, July 15 2018 Jul 15, 2018 Sunday, July 15, 2018 5:19:00 PM CDT July 15, 2018 in News
KANSAS CITY (AP) — Authorities shot and killed a man suspected of shooting three Kansas City police officers, a newspaper... More >>
21 hours ago Sunday, July 15 2018 Jul 15, 2018 Sunday, July 15, 2018 1:34:00 PM CDT July 15, 2018 in News
CHICAGO (AP) — Footage from body cameras and surveillance cameras shows that a man who was shot and killed by... More >>
23 hours ago Sunday, July 15 2018 Jul 15, 2018 Sunday, July 15, 2018 11:07:56 AM CDT July 15, 2018 in News
JEFFERSON CITY (AP) — A proposed ballot initiative aims to replace Missouri's system for drawing state legislative districts with a... More >>
1 day ago Sunday, July 15 2018 Jul 15, 2018 Sunday, July 15, 2018 10:46:43 AM CDT July 15, 2018 in News
OMAHA, Neb. (AP) — The amount of water being released into the lower Missouri River will likely remain above normal... More >>
1 day ago Sunday, July 15 2018 Jul 15, 2018 Sunday, July 15, 2018 10:27:00 AM CDT July 15, 2018 in News
MORGAN COUNTY - 37-year-old Brett Davidson of Clarksville, Tennessee was pronounced dead after drowning in the Lake of the Ozarks,... More >>
1 day ago Sunday, July 15 2018 Jul 15, 2018 Sunday, July 15, 2018 9:53:00 AM CDT July 15, 2018 in News
COLUMBIA- Senator Claire McCaskill and Attorney General Josh Hawley both met with supporters and volunteers Saturday at each of their... More >>
1 day ago Saturday, July 14 2018 Jul 14, 2018 Saturday, July 14, 2018 10:43:00 PM CDT July 14, 2018 in Continuous News
JEFFERSON CITY - A 17-year-old from Jefferson City will be competing at the CrossFit Games in Madison, Wisconsin, in August.... More >>
1 day ago Saturday, July 14 2018 Jul 14, 2018 Saturday, July 14, 2018 6:50:00 PM CDT July 14, 2018 in Sports
COLUMBIA - House hunters are looking beyond Columbia due to a lack of middle-income housing in the city. Realtor... More >>
1 day ago Saturday, July 14 2018 Jul 14, 2018 Saturday, July 14, 2018 5:00:00 PM CDT July 14, 2018 in News
(CNN Money) -- Microsoft has helped innovate facial recognition software. Now it's urging the US government to enact regulation to... More >>
1 day ago Saturday, July 14 2018 Jul 14, 2018 Saturday, July 14, 2018 3:22:00 PM CDT July 14, 2018 in News
Columbia, MO
Broken Clouds 87°
11am 90°
12pm 91°
1pm 92°
2pm 92°