Politics
4:36 pm
Thu December 19, 2013

Mo. budget leaders agree on revenue estimate for 2015 budget

Missouri lawmakers responsible for the budget have an agreement on a revenue estimate for next year but say Gov. Jay Nixon did not sign off on it. 

Credit File Photo / KBIA

Legislative budget leaders and the governor typically reach a revenue estimate that is the foundation for the budget. Agreeing how much money is available lets officials focus on how to spend that money.

On Thursday, House Budget Committee Chairman Rick Stream and Senate Appropriations Committee Chairman Kurt Schaefer said they will use an estimate of 4.2 percent growth to calculate revenues. The lawmakers say Nixon's office sought an estimate they do not think can be supported.

Nixon says he will propose a "fiscally responsible budget." He says the economy is gaining steam and officials have an opportunity to invest in students and schools.