The amount of historic preservation tax credits authorized in Missouri has dropped for the fourth consecutive year. The St. Louis Post-Dispatch reports that Missouri only authorized $93.9 million in credits during the 2013 fiscal year. That is about a $5 million decrease from the previous fiscal year.
The historic preservation credit is the most expensive credits in Missouri. In 2009, the program peaked with $212 million authorized. The program gives developers authorized tax credits to lower the cost of refurbishing historic buildings.
The city of Kirksville is paying a fine to the Environmental Protection Agency for failing to keep up on water inspections. The city is being fined because they did not follow the inspection guidelines at its industrial water treatment sites for the last several years.