Budget Director Talks Tight Budget

6 years 9 months 1 day ago Tuesday, January 17 2012 Jan 17, 2012 Tuesday, January 17, 2012 6:37:00 PM CST January 17, 2012 in News
By: Andrew Carter
loading

Jefferson City - Linda Luebbering, the Missouri Budget Director, addressed Governor Nixon's budget proposal focusing on cuts and future spending.

"With this proposal, this budget is balanced, and as long as we get that concensus revenue estimate we should be balanced and we should be able to move forward," Luebbering said.

An $89 million reduction will be in effect for 4-year colleges and universities, while the government looks to raise $64 million in additional debt collections and other revenue efficiencies.

There will be a priority on stable funding for K-12 transportation with a $99.8 million fund. With a lot of cuts and a tight budget, Luebbering talked of a bipartisan tax amnesty plan she expects to pass, which would increase the budget by $51.8 million.

Along with number crunching, Luebbering said the unemployment rate is the lowest its been in three years, and the fiscal year 2013 concensus revenue estimate assumes a growth rate of 3.9 percent in general revenue.

Jay Hardenbrook of Public Affairs for the Missouri Budget Project hopes certain proposals can help improve the budget.

"One of the best things we can do to expand our economy to encourage economic growth in the next year is to pass the Marketplace Fairness Act. It's something people have been talking about," Hardenbrook said.

The Marketplace Fairness Act gives states broad authority to require online sellers like Amazon collect and remit state sales taxes so online and storefront retailers all operate under the same rules.

The Missouri Budget project will start looking at the new budget proposal starting Wednesday.

More News

Grid
List
ST. LOUIS - Democratic Sen. Claire McCaskill and Republican opponent Josh Hawley were sometimes heated and often derisive as they... More >>
7 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 9:02:00 PM CDT October 18, 2018 in News
COLUMBIA - The Columbia Chamber of Commerce will debut its plans to install a Hispanic Chamber of Commerce Friday at... More >>
8 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 8:16:00 PM CDT October 18, 2018 in News
COLUMBIA - Issues like Proposition D, Vision Zero and more were discussed at Thursday night's Transportation Committee Meeting in Columbia.... More >>
9 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 7:31:00 PM CDT October 18, 2018 in News
MEXICO - October is domestic violence awareness month and businesses across Mexico are showing their support for survivors by decorating... More >>
10 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 6:02:00 PM CDT October 18, 2018 in News
ST. LOUIS - Democratic Sen. Claire McCaskill and her Republican opponent, Josh Hawley, are hoping for a debate win tonight... More >>
11 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 5:43:00 PM CDT October 18, 2018 in News
KANSAS CITY, Kan. — The Latest on the trial of two maintenance workers charged with misleading investigators after a 10-year-old... More >>
11 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 5:09:00 PM CDT October 18, 2018 in News
COLUMBIA - Hundreds of people gathered for the grand opening of CenterPointe Hospital on International Drive Thursday. Governor Mike... More >>
13 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 3:42:00 PM CDT October 18, 2018 in News
JEFFERSON CITY - The influence of lower prices and convenience are affecting the way millennials approach primary care, according to... More >>
13 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 3:38:00 PM CDT October 18, 2018 in News
COLUMBIA - MU honored Dr. George Smith, the first Nobel Prize winner in university history, with a reserved space to... More >>
13 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 3:30:00 PM CDT October 18, 2018 in News
MOBERLY - Police arrested a man Wednesday after a search warrant led to finding five gallon-sized bags of marijuana. ... More >>
13 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 3:08:00 PM CDT October 18, 2018 in News
COLUMBIA - State House of Representative candidates talked public transportation and education, amongst other things, at a disability issues forum... More >>
14 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 2:00:00 PM CDT October 18, 2018 in News
COLUMBIA - Officers have arrested one man after a home invasion Wednesday night, but are still looking for a second... More >>
14 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 1:58:00 PM CDT October 18, 2018 in News
KANSAS CITY, Kan. (AP) — Jurors on Thursday began deliberating the case of two Kansas water park maintenance workers accused... More >>
16 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 12:39:00 PM CDT October 18, 2018 in News
KANSAS CITY, Mo. (AP) — Authorities say a man who was in a wheelchair has been found dead in a... More >>
18 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 10:52:34 AM CDT October 18, 2018 in News
ST. LOUIS (AP) — Authorities say a St. Louis police officer has shot and wounded a suspect during a struggle... More >>
18 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 10:48:28 AM CDT October 18, 2018 in News
HOUSE SPRINGS, Mo. (AP) — Authorities say it appears that a man was killed after his car fell on top... More >>
18 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 10:35:41 AM CDT October 18, 2018 in News
COLUMBIA – The National Rifle Association is backing Republican Senate candidate Josh Hawley while claiming Senator Claire McCaskill will take... More >>
19 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 9:54:00 AM CDT October 18, 2018 in Target 8
(CNN) -- The former head of USA Gymnastics has been accused of removing documents linked to the Larry Nassar sexual... More >>
19 hours ago Thursday, October 18 2018 Oct 18, 2018 Thursday, October 18, 2018 8:56:00 AM CDT October 18, 2018 in News
Columbia, MO
Broken Clouds 49°
5am 47°
6am 47°
7am 48°
8am 48°