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February 2016 General Revenue Collections

Despite a sluggish February, general revenue (GR) collections remain on track to meet the fiscal year (FY) 2016 revenue estimate. Net of refunds, February GR collections declined 0.5 percent, leaving the FY 2016 overall growth rate at 3.0 percent. Should overall growth continue
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What is this “Surplus Revenue Fund?”

HB 2600, sponsored by Representative Flanigan was heard in the Budget committee this week. The bill would authorize a Surplus Revenue Fund if revenues exceed House budget revenue estimates. Currently the House version of the budget uses over $120 million from the yet to be
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MO Tax Cuts?

Tomorrow a Senate Committee will hear a proposal to further cut Missouri income taxes, but cuts won’t create the good jobs Missouri needs. And they will undermine our future by making it harder for the state to invest in what really does build a stronger economy. SB 574, to be
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Amendment Would Have Required Budget Cuts in Current, Next Year

This afternoon, the House Ways & Means Committee may hold an executive session on HJR 56, a proposal to amend the state constitution to limit the growth of state revenue. A similar amendment in Colorado has been a failure, and business and civic leaders there have long been
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January Revenue Collections Keep State on Track to Meet Fiscal Year 2016 Estimate

State Still Behind FY08, Adjusted January’s general revenue collections indicate that Missouri is likely to meet the current fiscal year’s budget. However, the state is still struggling to catch up in funding for critical public services including education and health care after
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3 Things to Look For

We’ve provided some context for Missouri’s budget and revenue, as well as outlined the state of education and health in Missouri. So where can Missouri go from here, not only to achieve its pre-Great Recession status, but invest in its residents and provide the foundation for
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The Health of Missouri is at Stake

Last week, MBP highlighted where our state has been over the past decades, and how our investments in education have diminished in value over time. Today, we examine the health of our state and the implications for our future. A healthy Missouri is a fundamental building block of
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What’s at Stake in Education? Our Kids’ Futures

As we mentioned on Monday, leading up to the State of the State address next week, MBP will highlight where our state has been over the past decades, and how we can pave the way for a better tomorrow. Today’s focus is education. We all want the best for our children. And all
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