With state millions in debt, Missouri auditor announces new plan

8 months 2 weeks 6 days ago Thursday, March 02 2017 Mar 2, 2017 Thursday, March 02, 2017 3:25:00 PM CST March 02, 2017 in News
By: Max Diekneite, KOMU 8 Reporter
loading

JEFFERSON CITY – Amid a budget hole that shows the state is on track to spend $456 million more than it receives this year, Auditor Nicole Galloway introduced a new plan to provide more accountability.

"The state budget is more than just numbers on paper. The decisions made in Jefferson City have real consequences for Missouri families who feel the effects in their communities," Galloway said. 

On Thursday, she unveiled the Budget Integrity Series. According to a press release, it will highlight “weaknesses in policymaking, and find the root causes of budget shortfall.”

Galloway said the series should help address the fact Missouri is more than half a billion dollars short of meeting budget priorities.

Galloway plans to include six key audits in this series, including:

  • The annual review of state use of federal dollars, known as the Statewide Single Audit
  • The annual review of state revenue, known as the Hancock Amendment Report
  • Missouri’s economic rankings compared to other states
  • An audit of tax credit programs
  • An audit of sales, corporate and income tax exemptions and impacts
  • An audit of the state's timeliness of issuing tax returns

Galloway said each audit will be released individually as they are completed throughout the remainder of 2017, and she plans to release the statewide single audit first, followed by the Hancock Amendment Report.

She said her ultimate goal is to balance the state's budget. 

"It's my hope that these audits will benefit taxpayers and ensure Missourians hard-earned dollars are spent wisely."

As is the case with most other audits, it will end with a comprehensive analysis of Missouri’s current budget challenges and vulnerabilities, she said.

Because Galloway is a democrat, KOMU 8 News reached out to Republican lawmakers, as well as the Boone County Republican Central Committee, but did not receive an answer in time for publication. KOMU 8 News also reached out to Missouri's division of budget and planning. 

More News

Grid
List
COLUMBIA - A three-car crash temporarily shut down one of the northbound lanes of Range Line St. around 6:00 Tuesday... More >>
6 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 7:00:00 PM CST November 21, 2017 in News
COLUMBIA - The American Farm Bureau Federation conducted a survey on 16 food items from 25 states across the country... More >>
7 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 6:19:00 PM CST November 21, 2017 in News
COLUMBIA - Boone County Auditor June Pitchford presented the commission with her proposed 2018 budget Tuesday afternoon. The commissioners... More >>
7 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 6:06:00 PM CST November 21, 2017 in News
JEFFERSON CITY - A one-of-a-kind facility is starting to take shape in Jefferson City. At the junction of US Highway... More >>
7 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 5:55:10 PM CST November 21, 2017 in News
SEDALIA - Steel giant Nucor announced Tuesday it would build a new facility in Sedalia, bringing 250 new jobs and... More >>
9 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 4:04:00 PM CST November 21, 2017 in News
FULTON - Callaway County Humane Society Investigator Sandy Corbet said she's had an increase in phone calls related to missing... More >>
9 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 3:37:00 PM CST November 21, 2017 in News
JEFFERSON CITY - A man was hospitalized with serious injuries after a crash at MO 179 and Missouri Boulevard. ... More >>
10 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 2:45:00 PM CST November 21, 2017 in News
JEFFERSON CITY - Attorney General Josh Hawley announced a settlement fund for ten Missouri fraud victims. The settlement carries... More >>
11 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 2:29:00 PM CST November 21, 2017 in News
COLUMBIA - Missouri basketball star Michael Porter Jr. will likely miss the rest of the season after undergoing surgery in... More >>
12 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 1:28:00 PM CST November 21, 2017 in News
COLUMBIA - Police arrested two men in connection with a shots fired incident on Clark Lane Tuesday. Detectives arrested... More >>
12 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 12:35:00 PM CST November 21, 2017 in News
JEFFERSON CITY - A vote to remove Department of Elementary and Secondary Education Commissioner Margie Vandeven failed Tuesday. The... More >>
13 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 12:07:00 PM CST November 21, 2017 in News
JEFFERSON CITY - The Missouri Supreme Court set an execution date for convicted murderer Russell Bucklew. Bucklew is scheduled... More >>
14 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 11:19:00 AM CST November 21, 2017 in News
JEFFERSON CITY - Pope Francis named Father Shawn McKnight the new bishop of the Diocese of Jefferson City Tuesday. ... More >>
14 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 10:35:00 AM CST November 21, 2017 in News
JEFFERSON CITY (AP)— Missouri Gov. Eric Greitens has appointed a new member to the Missouri State Board of Education... More >>
15 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 10:04:36 AM CST November 21, 2017 in News
GULFPORT, MS - Police arrested two people wanted in connection with the Missouri murder of 72-year-old William Domann. Nathan... More >>
15 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 9:48:00 AM CST November 21, 2017 in News
COLUMBIA - A man arrested after an alleged SUV theft on November 17 faces numerous charges, including stealing, tampering with... More >>
15 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 9:45:06 AM CST November 21, 2017 in News
COLUMBIA - Columbia police arrested three men Tuesday in connection with the robbery at McDonald's on Smiley Lane. Detectives... More >>
16 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 9:28:00 AM CST November 21, 2017 in News
COLUMBIA - The Food Bank for Central and Northeast Missouri wants you to help feed families in need this holiday... More >>
16 hours ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 9:26:00 AM CST November 21, 2017 in News
Columbia, MO
Broken Clouds 26°
2am 27°
3am 26°
4am 26°
5am 26°

Select a station to view its upcoming schedule:

Coming Up Next

1:07a
Inside Edition
1:37a
Paid Program
2:07a
Today with Kathie Lee & Hoda
1:00a
Top 30
1:30a
Page Six TV
2:00a
Paid Program

Tonight's Schedule

7:00p
The Wall
8:00p
Saturday Night Live
7:00p
iHeartRadio Music Festival, Night 1
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld