With state millions in debt, Missouri auditor announces new plan

1 year 6 months 3 weeks 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
SAN FRANCISCO (AP) — The co-founders of Instagram are resigning their positions with the social media company without explanation. ... More >>
7 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 11:02:00 PM CDT September 24, 2018 in News
COLUMBIA - Friends and loved ones of MU student Perri A. Jones mourned the loss of Jones at a vigil... More >>
10 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 8:14:00 PM CDT September 24, 2018 in News
JEFFERSON CITY - More church volunteers are heading to North Carolina Monday night to help communities deal with Hurricane Florence.... More >>
11 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 6:50:00 PM CDT September 24, 2018 in News
JEFFERSON CITY (AP) — The Missouri Supreme Court won't reconsider a ruling allowing voters to decide on a ballot measure... More >>
12 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 5:33:41 PM CDT September 24, 2018 in News
MILLER COUNTY - Officials say they arrested a suspect in Chicago for the June murder of Tyler J. Worthington. ... More >>
12 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 5:28:00 PM CDT September 24, 2018 in News
JEFFERSON CITY (AP) — Missouri Attorney General Josh Hawley is defending his lawsuit against the operators of a duck boat... More >>
13 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 4:30:25 PM CDT September 24, 2018 in News
BOONVILLE - Police are searching for a man who stole gasoline, according to a Facebook post Monday morning. Boonville... More >>
14 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 4:00:00 PM CDT September 24, 2018 in News
COLUMBIA - Border security and immigration continue to be huge issues for Missouri's November senate race between Sen. Claire McCaskill,... More >>
14 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 4:00:00 PM CDT September 24, 2018 in News
JEFFERSON CITY (AP) — The U.S. attorney's office says a former central Missouri tax collector has pleaded guilty to embezzling... More >>
14 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 3:38:00 PM CDT September 24, 2018 in News
KANSAS CITY - The FBI released its annual Crime in the United States report Monday, and the numbers showed violent... More >>
14 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 3:32:00 PM CDT September 24, 2018 in News
KANSAS CITY, Kan. (AP) — A former Kansas priest still holds medical licenses in Kansas and Missouri despite being defrocked... More >>
14 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 3:29:15 PM CDT September 24, 2018 in News
JEFFERSON CITY - A law requiring a photo ID to vote is at the center of a lawsuit beginning Monday... More >>
15 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 2:53:00 PM CDT September 24, 2018 in News
JEFFERSON CITY - A child sex investigation that started in Boone County has led to a man pleading guilty to... More >>
15 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 2:51:00 PM CDT September 24, 2018 in News
JEFFERSON CITY - A federal grand jury added charges in the case against a Columbia man accused of trying to... More >>
16 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 2:21:00 PM CDT September 24, 2018 in News
WASHINGTON (AP) — Deputy Attorney General Rod Rosenstein headed to the White House on Monday expecting to be fired by... More >>
19 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 10:30:53 AM CDT September 24, 2018 in News
ST. LOUIS (AP) — St. Louis police are investigating a rash of six killings over a two-day period, with five... More >>
22 hours ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 8:17:00 AM CDT September 24, 2018 in News
CASSVILLE (AP) — A $1.9 million renovation of a southwestern Missouri trout hatchery won't interfere with the tens of thousands... More >>
1 day ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 6:19:00 AM CDT September 24, 2018 in News
JEFFERSON CITY - Ameren Missouri announced a rate decrease for electric starting Monday. The Missouri Public Service Commission approved... More >>
1 day ago Monday, September 24 2018 Sep 24, 2018 Monday, September 24, 2018 2:28:00 AM CDT September 24, 2018 in News
Columbia, MO
Broken Clouds 68°
7am 68°
8am 69°
9am 70°
10am 72°