Linda Luebbering http://kbia.org en Missouri revenue up about 2 percent over last year http://kbia.org/post/missouri-revenue-about-2-percent-over-last-year <p style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 15px; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);">A new report shows Missouri revenues were up slightly as the state heads toward the last few months of its fiscal year.</p> Wed, 02 Apr 2014 21:54:33 +0000 Associated Press 50675 at http://kbia.org Missouri revenue up about 2 percent over last year Mo. tax revenues increased in August http://kbia.org/post/mo-tax-revenues-increased-august <p>Missouri tax revenues rose slightly last month, thanks to growth in income tax collections.</p><p>The state Office of Administration said Wednesday that net general revenues were up 2.2 percent in August compared to the same month last year.</p><p>That includes a 4.6 percent growth rate in individual income taxes and 10.2 percent growth in corporate income tax collections.</p><p>Sales tax collections, though, were down by 1.8 percent compared to August 2012.</p> Wed, 04 Sep 2013 21:51:12 +0000 Associated Press 39984 at http://kbia.org Mo. tax revenues increased in August Missouri revenue on an upward trend, but with a May slow-down http://kbia.org/post/missouri-revenue-upward-trend-may-slow-down Revenue collections in Missouri slowed a bit last month, but continued their overall upward trend.<p>From July of 2012 through the end of May, the state took in $7.3 billion in revenues, an increase of 10.4 percent from May of 2012.&#160; The year-to-date increase from April of this year, though, was 11.2 percent.&#160; Missouri Budget Director Linda Luebbering blames it on a drop in sales tax collections.<p>"People are still a little bit concerned about spending a lot of money, given the economy and the uncertainty at the national level," Luebbering said.<p>Luebbering added, though, that pers Wed, 05 Jun 2013 13:21:13 +0000 Marshall Griffin 34899 at http://kbia.org Missouri revenue on an upward trend, but with a May slow-down Missouri slows progress on software for IDs http://kbia.org/post/missouri-slows-progress-software-ids <p>Missouri appears to have slowed work on a high-tech computer program that would conduct a biometric analysis of photos taken for state driver's licenses and identification cards.</p><p> Tue, 23 Apr 2013 22:10:20 +0000 Associated Press 32529 at http://kbia.org Missouri slows progress on software for IDs More on the money in medicaid expansion debate http://kbia.org/post/more-money-medicaid-expansion-debate <p>Healthcare reform was on the agenda in Gov. Jay Nixon’s 2013 state of the state address as he called upon lawmakers to broaden Medicaid so more Missourians would have access to healthcare. Nixon’s proposed budget includes an expansion of Missouri’s Medicaid program. Estimates are the plan would add nearly 260,000 lower-income adults to the healthcare program through the use of $908 million in federal funds, money that would be received by opting in to the federal Medicaid expansion. In his recent state of the state address, Nixon argued the expansion would create jobs for many Missourians and would bring increased revenue to the state. Tue, 05 Feb 2013 23:31:12 +0000 Casey Morell 28405 at http://kbia.org More on the money in medicaid expansion debate 'Fiscal cliff' could affect Mo. economy, budget http://kbia.org/post/fiscal-cliff-could-affect-mo-economy-budget <p>If officials in Washington don't reach a deal to avert the "fiscal cliff," Missouri could see a hit to its economy and budget. Tue, 11 Dec 2012 22:21:25 +0000 The Associated Press 25771 at http://kbia.org November general collections report http://kbia.org/post/november-general-collections-report <p>Missouri’s November general collections report show a 6.0 percent increase of revenue compared to November of last year. Tue, 04 Dec 2012 23:13:40 +0000 Julie Fine 25449 at http://kbia.org Lottery win could give small boost to Mo. coffers http://kbia.org/post/lottery-win-could-give-small-boost-mo-coffers <p>The sale of a winning Powerball ticket in northwest Missouri could mean about $10 million in unexpected income tax revenue for the state. Thu, 29 Nov 2012 22:48:40 +0000 The Associated Press 25235 at http://kbia.org Lottery win could give small boost to Mo. coffers Mo. state workers off on Black Friday as economy improves http://kbia.org/post/mo-state-workers-black-friday-economy-improves <p>Governor Jay Nixon today signed an executive order to close state offices on Black Friday, Nov. 23, in part because state revenues have increased. State Budget Director Linda Luebbering said the state’s revenue collections are up by 7.5 percent compared with last year.</p><p>“We’re beginning to see the improving economy’s impact on our revenue collections," Luebbering said. "It’s always a lag as the economy improves – takes a little while for that to start showing up in our revenue collections."</p> Mon, 05 Nov 2012 18:36:16 +0000 Lukas Udstuen 23997 at http://kbia.org Mo. state workers off on Black Friday as economy improves Missouri to pay more for state worker pensions http://kbia.org/post/missouri-pay-more-state-worker-pensions <p>Missouri will chip in nearly $330 million next year to pay for state worker pensions.</p><p><a href="http://www.stltoday.com/">The St. Louis Post-Dispatch</a> reports state government will pay about 20 percent more than in the current year largely because of lower investment returns and longer life expectancies. The board for the Missouri State Employees Retirement System approved the increase by a 10-1 vote.</p><p>State Budget Director Linda Luebbering says the increased payment is not a surprise.</p> Mon, 24 Sep 2012 14:51:51 +0000 Associated Press 21666 at http://kbia.org Missouri to pay more for state worker pensions Mo. ends fiscal year with higher than expected revenues http://kbia.org/post/mo-ends-fiscal-year-higher-expected-revenues <p>Missouri closed out its 2012 fiscal year with slightly better than expected revenues. But that doesn&#39;t necessarily translate to a budget surplus. Tue, 03 Jul 2012 22:13:57 +0000 Associated Press 16991 at http://kbia.org Mo. ends fiscal year with higher than expected revenues State revenues ahead of projections, up 3.4 percent http://kbia.org/post/state-revenues-ahead-projections-34-percent Missouri&rsquo;s revenues rose more than expected during the month of May.<p>The state collected about&nbsp;$6.6 billion in revenue last month, compared to just under&nbsp;$6.4 billion in May of 2011.&nbsp; Governor Jay&nbsp;Nixon&rsquo;s Budget Director, Linda Luebbering, credits most of the improvement to higher collections of state income and sales taxes.<p>&ldquo;That&#39;s the good news, things are picking up,"&nbsp; Luebbering said.&nbsp; "I think we do have to be cautious, still, because of what&rsquo;s going on at the national and particularly the international picture, with European Union issues and everything that&#39;s going on globally&nbsp;that could have some bearing on the overall economy.&rdquo; Wed, 06 Jun 2012 12:56:03 +0000 Marshall Griffin & The Associated Press 15409 at http://kbia.org State revenues ahead of projections, up 3.4 percent Report shows growth in state revenue http://kbia.org/post/report-shows-growth-state-revenue <p>The Missouri Office of Administration has released the General Revenue report for February and general revenue collections have increased 2.4 percent in the 2012 fiscal year. Mon, 05 Mar 2012 16:02:53 +0000 Kristian Mundahl 9973 at http://kbia.org Missouri falls below expected revenue in February http://kbia.org/post/missouri-falls-below-expected-revenue-february <p>The Missouri Office of Administration released today the General Revenue report for February.&nbsp;</p><p>According to the report, general revenue collections have increased 2.4 percent in the 2012 fiscal year. But so far, that&rsquo;s below the projected 2.7 percent increase. State Budget Director Linda Luebbering&nbsp; says the state is confident it will meet projections, due to pay raises and an increase in jobs.</p><p> Fri, 02 Mar 2012 21:46:59 +0000 Kristian Mundahl 9884 at http://kbia.org Missouri falls below expected revenue in February Nixon releases additional education funding http://kbia.org/post/nixon-releases-additional-education-funding <p><span style="color: rgb(51, 51, 51); font-family: Verdana, Helvetica, Arial, sans-serif, Geneva; font-size: 11px; line-height: 15px; ">Missouri Gov. Jay Nixon is releasing more than $5 million that had been withheld from public education because of budget concerns.&nbsp;</span></p><p> Wed, 29 Feb 2012 22:51:55 +0000 Associated Press 9741 at http://kbia.org Nixon releases additional education funding Missouri refinances millions in debt to balance its books http://kbia.org/post/missouri-refinances-millions-debt-balance-its-books <p>Missouri is planning to refinance more than $500 million of debt as part of Gov. Jay Nixon&#39;s plan to balance the state budget.</p><p> Tue, 24 Jan 2012 18:21:27 +0000 Associated Press 7589 at http://kbia.org Missouri refinances millions in debt to balance its books Natural Disasters Costing Missouri $15 Million http://kbia.org/post/natural-disasters-costing-missouri-15-million <p>Natural disasters have cost the state of Missouri $15 million and the state budget director says that tab is still going up. Thu, 03 Nov 2011 23:16:17 +0000 2995 at http://kbia.org