State Revenue

Today, the House passed HB 253, a wrong-headed tax cut that would cost the state more than $600 million, resulting in increased class sizes, higher college tuitions, and crumbling roads and bridges.  To read MBP Executive Director Amy Blouin’s statement about the Read More

Today, the House passed HB 253, a wrong-headed tax cut that would cost the state more than $600 million, resulting in increased class sizes, higher college tuitions, and crumbling roads and bridges.  To read MBP Executive Director Amy Blouin’s statement about the Read More

In what may become an alternate vehicle to pass damaging tax cuts, the MO House gave preliminary approval to a proposal that would cost the state about $627 million annually when fully phased in.  The proposal would also require substantial cuts to the budget legislators are Read More

Although the state is bringing in more money lately for schools, roads, and other services, it remains far from recovering lost ground. It will take 15 more years to return to the level of purchasing power the state had before the recession. To learn more about the status of Read More

Missouri general revenue collections for fiscal year 2013 grew by 2.8 percent in August. However, corporate income and individual income tax have had slight declines compared to the previous year. Missouri revenue remains well below the level achieved prior to the recession. Read Read More

State lawmakers will be returning to the Capitol for their annual “veto session” next week. Among the important issues they will consider is the Governor’s veto of House Bill 1329. The measure clarified existing sales tax law as it applies to vehicle sales. If Read More

Missouri net general revenue collections grew 3.2 percent for FY 2012. However, the state continues to face budget challenges, as total GR collections remain lower than those collected in FY 2008, and the growth rate is lower than in FY 2011.  To learn more about the Read More

The state has ended the fiscal year with 3.2 percent net growth and collections outpacing projections, but falling short of the growth rate seen in FY 2011.  However, the net general revenue total remains far below collections attained in FY 2008. To learn more about year Read More