State Releases 2014 Budget Report

2 years 9 months 3 weeks ago May 02, 2014 May 2, 2014 Friday, May 02 2014 Friday, May 02, 2014 1:44:00 PM CDT in News
By: Tori Chamberlain, KOMU 8 Digital Producer

JEFFERSON CITY - Missouri State Budget Director Linda Luebbering announced Friday that 2014 fiscal year-to-date net general revenue collections increased 0.5 percent compared to 2013, from $6.67 billion last year to $6.70 billion this year.

Net general revenue collections for April 2014 decreased by 5.0 percent compared to those for April 2013, from $1.19 billion to $1.13 billion.

Below is a list of gross collections by tax type.

Individual income tax collections:
• Decreased 0.8 percent for the year, from $5.35 billion last year to $5.31 billion this year.
• Decreased 13.5 percent for the month.

Sales and use tax collections:
• Increased 3.6 percent for the year from $1.55 billion last year to $1.61 billion this year.
• Increased 7.7 percent for the month.

Corporate income and corporate franchise tax collections:
• Increased 7.1 percent for the year, from $404.8 million last year to $433.8 million this year.
• Decreased 1.7 percent for the month.

All other collections:
• Decreased 14.6 percent for the year, from $371.6 million last year to $317.4 million this year.
• Increased 4.2 percent for the month.

Refunds:
• Decreased 4.7 percent for the year, from $1.01 billion last year to $967.7 million this year.
• Decreased 38.3 percent for the month.

Luebbering also noted the General Revenue Fund repaid the $350 million borrowed from the Budget Reserve Fund during fiscal year 2014, ahead of the Constitutional deadline of May 15.

More News

Grid
List
KANSAS CITY, Mo. (AP) — Kansas City residents will vote in August on whether to raise the city's minimum wage... More >>
1 hour ago February 24, 2017 Feb 24, 2017 Friday, February 24 2017 Friday, February 24, 2017 4:41:00 PM CST in News
COLUMBIA - Chrystal Sadler never imagined she'd be where she is today. "My mom told me at 15 I'd... More >>
2 hours ago February 24, 2017 Feb 24, 2017 Friday, February 24 2017 Friday, February 24, 2017 4:08:08 PM CST in News
COLUMBIA – Columbia Public Schools Board of Education is accelerating the process to build the first new middle school in... More >>
2 hours ago February 24, 2017 Feb 24, 2017 Friday, February 24 2017 Friday, February 24, 2017 3:23:00 PM CST in Top Stories
JEFFERSON CITY - Up to 140 J.C. Penney stores across the country will close, the chain announced Friday. The... More >>
3 hours ago February 24, 2017 Feb 24, 2017 Friday, February 24 2017 Friday, February 24, 2017 2:52:00 PM CST in Top Stories
ST. LOUIS (AP) — For the third time since 2009, a St. Louis family is dealing with the loss of... More >>
3 hours ago February 24, 2017 Feb 24, 2017 Friday, February 24 2017 Friday, February 24, 2017 2:51:00 PM CST in News
ST. CHARLES, Mo. (AP) — Federal investigators have ruled that the fire that destroyed a suburban St. Louis country club... More >>
3 hours ago February 24, 2017 Feb 24, 2017 Friday, February 24 2017 Friday, February 24, 2017 2:40:00 PM CST in News
JEFFERSON CITY (AP) — Missouri has approved more than $54,000 for remodeling the Capitol office of new Lt. Gov. Mike... More >>
4 hours ago February 24, 2017 Feb 24, 2017 Friday, February 24 2017 Friday, February 24, 2017 1:17:00 PM CST in News
COLUMBIA - Tax-filing season is in full swing and some want to take advantage of it. The Internal Revenue Service... More >>
6 hours ago February 24, 2017 Feb 24, 2017 Friday, February 24 2017 Friday, February 24, 2017 12:04:00 PM CST in News
JEFFERSON CITY (AP) — Gov. Eric Greitens has appointed two former Missouri senators and the new Department of Revenue director... More >>
6 hours ago February 24, 2017 Feb 24, 2017 Friday, February 24 2017 Friday, February 24, 2017 11:46:08 AM CST in News
ST. LOUIS (AP) — A streetcar that will operate in the Loop area of St. Louis and adjoining University City... More >>
10 hours ago February 24, 2017 Feb 24, 2017 Friday, February 24 2017 Friday, February 24, 2017 7:49:51 AM CST in News
COLUMBIA - When someone overdoses on heroin or another opioid, the drug slows down their central nervous system until they... More >>
12 hours ago February 24, 2017 Feb 24, 2017 Friday, February 24 2017 Friday, February 24, 2017 6:02:00 AM CST in Top Stories
COLUMBIA - A Moberly woman was charged Tuesday in Boone County for abusing a 12-year-old Columbia boy. Stacey Robertson,... More >>
19 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 10:23:00 PM CST in News
MONITEAU COUNTY – The Moniteau County Sheriff's Office arrested 10 people during a drug bust Wednesday. The sheriff's office... More >>
21 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 8:19:00 PM CST in News
WENTZVILLE (AP) — Police in the east ern Missouri to wn of Wentzville are investigating after a woman working inside... More >>
22 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 7:23:00 PM CST in News
COLUMBIA – Plato’s Closet opened a newly renovated store Thursday to give mid-Missouri teens and young adults in poverty affordable,... More >>
23 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 6:53:00 PM CST in News
COLUMBIA - Gov. Eric Greitens plans to put $11 million back into school transportation and $41 million back into home... More >>
23 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 6:44:00 PM CST in News
NEW FRANKLIN - President Donald Trump reversed President Barack Obama's directive on transgender students being able to use the bathroom... More >>
23 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 6:36:00 PM CST in News
FULTON - Drive down memory lane to Fulton's Auto World Museum and transport yourself through the decades. Bill Backer,... More >>
1 day ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 4:07:47 PM CST in News
Columbia, MO
Broken Clouds 40°
7pm 40°
8pm 37°
9pm 35°
10pm 33°

Select a station to view its upcoming schedule:

Coming Up Next

6:00p
KOMU 8 News @ 6
6:30p
Wheel of Fortune
7:00p
Grimm
6:00p
Family Guy
6:30p
Family Guy
7:00p
The Vampire Diaries

Tonight's Schedule

7:00p
Grimm
8:00p
Emerald City
9:00p
Dateline NBC
7:00p
The Vampire Diaries
8:00p
Reign
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld