With state millions in debt, Missouri auditor announces new plan

1 month 3 weeks 6 days ago March 02, 2017 Mar 2, 2017 Thursday, March 02 2017 Thursday, March 02, 2017 3:25:00 PM CST 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 - Despite non-ideal weather conditions, people gathered at MU Saturday afternoon as a part of a nationwide climate change... More >>
1 hour ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 4:46:00 PM CDT in News
JEFFERSON CITY - Ever wonder what to do with your unused prescription drugs? The annual 'Drug Take Back Day' helps... More >>
2 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 3:37:00 PM CDT in News
COLUMBIA - Police officers responded to an armed robbery at Check Into Cash Saturday afternoon. According to a release... More >>
3 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 3:27:00 PM CDT in News
MID-MISSOURI - Flooding caused road closures on Saturday. KOMU 8 News viewers shared photos and videos of what they saw.... More >>
3 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 2:31:00 PM CDT in News
COLUMBIA - The Boone County Office of Emergency Management has reported numerous road closures due to flooding Saturday. ... More >>
4 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 1:32:00 PM CDT in News
JEFFERSON CITY (AP) — Gov. Eric Greitens has agreed to pay a penalty to the state Ethics Commission for failing... More >>
7 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 10:50:22 AM CDT in News
JEFFERSON CITY (AP) — Gov. Eric Greitens has bought a lakeside house in a resort community west of St. Louis.... More >>
9 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 9:14:38 AM CDT in News
KANSAS CITY, Mo. (AP) — The maternal grandmother of a 7-year-old Kansas boy whose remains were found in a pigsty... More >>
9 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 9:09:00 AM CDT in News
COLUMBIA - A free carnival-style event Saturday aims to combine fun with education about childhood safety and accident prevention. The... More >>
10 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 7:44:00 AM CDT in News
FULTON – Equestrian students at William Woods University have the unique opportunity to learn from a living legend April 28-30.... More >>
12 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 5:53:00 AM CDT in News
COLUMBIA - According to a Columbia Police Department press release, officers arrested a suspect wanted by the St. Louis Police... More >>
14 hours ago April 29, 2017 Apr 29, 2017 Saturday, April 29 2017 Saturday, April 29, 2017 4:12:00 AM CDT in News
COLUMBIA - Close to 25 environmental activists from mid-Missouri boarded a bus bound for Washington, D.C. Friday afternoon headed to... More >>
22 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 7:35:00 PM CDT in Top Stories
COLUMBIA - The Missouri Department of Public Safety is preparing to respond to potential dangerous flooding in the forecast beginning... More >>
23 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 7:20:00 PM CDT in Top Stories
JEFFERSON CITY - As prom season begins, the Jefferson City Police Department will start sending out more officers to monitor... More >>
23 hours ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 7:01:00 PM CDT in News
JEFFERSON CITY - Fatal accidents involving drugged driving have surpassed those involving drunk driving, according to a new study from... More >>
1 day ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 5:36:00 PM CDT in Top Stories
ST. LOUIS (AP) — Thousands of workers in St. Louis are preparing to see a jump in pay now that... More >>
1 day ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 4:27:00 PM CDT in News
FULTON - Autopsy results confirmed the body found by the Fulton Police Department Monday is 31-year-old Carl L. DeBrodie, the... More >>
1 day ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 3:51:00 PM CDT in News
COLUMBIA - Some Columbia utility customers are complaining because of recent past due notices sent out for the month of... More >>
1 day ago April 28, 2017 Apr 28, 2017 Friday, April 28 2017 Friday, April 28, 2017 3:29:00 PM CDT in News
Columbia, MO
Broken Clouds 48°
7pm 57°
8pm 56°
9pm 55°
10pm 56°

Select a station to view its upcoming schedule:

Coming Up Next

6:00p
KOMU 8 News @ 6
6:30p
Wheel of Fortune
7:00p
2017 NHL Stanley Cup Playoffs
6:00p
Cheaters
7:00p
Family Guy
7:30p
Family Guy

Tonight's Schedule

7:00p
2017 NHL Stanley Cup Playoffs
7:00p
Family Guy
7:30p
Family Guy
8:00p
Bob's Burgers
8:30p
Bob's Burgers
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld