Missouri Revenue

Missouri General Revenue collections increased by 2.5 percent during the first nine months of the fiscal year. However, even with recent growth trends, revenue will remain more than $700 million below fiscal year 2008 levels. Read more here. Read More

Earlier this year, the Missouri House approved a measure that, if approved by the Senate and voter,s would create one of the strictest appropriations lids in the nation.  If the lid had been enacted in 1992, Missouri would have hit the cap in nearly every year from FY 1993 Read More

The streamlined sales and use tax agreement would level the playing field for MO businesses and allow the state to collect taxes owed on online purchases.  However, a recently passed House committee substitute now includes language that would create inherent long-term policy Read More

A new analysis indicates that Missouri’s budget woes are worse than in previous recessions, and that the state will not recover soon. Not only will Missouri continue to experience annual budget shortfalls, but it will not achieve pre-recession purchasing power until FY Read More

Recent state general revenue trends raise concern about the state’s to meet revenue projections for the current year. Moreover, the dynamics of revenue growth call into question two unusual components of the Executive Budget Proposal.  To learn more about why Read More

Despite the generally improving economy, Missouri net general revenue collection growth remains sluggish. Collections must grow considerably over the next six months to avoid mid-year budget cuts. To learn more about quarterly trends, click here. Read More

The state of Missouri will face a budget shortfall nearing $800 million in fiscal year 2013, making it more difficult than ever for the state to make vital investments to create jobs and boost our economy, according to a new analysis by the Missouri Budget Project. The shortfall Read More

Despite falling 1.5 percent in September, net General Revenue collections increased 1.9 percent for the quarter ending in September. However, the state still faces a major budget shortfall in FY 2013. The revenue declines seen in FYs 2009 and 2010 were the largest sustained Read More

Four new initiative petitions have been filed that would place before voters a constitutional amendment to greatly expand the sales tax and eliminate the personal income tax. If passed, the new tax structure would result in general revenue shortfalls of at least $2.5 billion Read More

The tax credit package to be debated at a special session in September includes a $52 million cut to the Circuit Breaker Property tax credit program, which enables seniors and those living with a disability to remain in their homes. If passed, the measure would impact more than Read More