A researcher at the University of Missouri is trying to find a way to track the most productive cattle to predict future profits. Plus, a quick update on the rise in Missouri’s state revenue last month, and what that might mean for state funding levels.
Missouri’s revenues rose more than expected during the month of May.
The state collected about $6.6 billion in revenue last month, compared to just under $6.4 billion in May of 2011. Governor Jay Nixon’s Budget Director, Linda Luebbering, credits most of the improvement to higher collections of state income and sales taxes.
“That's the good news, things are picking up," Luebbering said. "I think we do have to be cautious, still, because of what’s going on at the national and particularly the international picture, with European Union issues and everything that's going on globally that could have some bearing on the overall economy.”
Most of the big issues this legislative session were tied to the state budget, which has been passed and sent to Governor Jay Nixon. That has many political pundits wondering if the last week of the 2012 session will be anticlimactic. But as St. Louis Public Radio’s Marshall Griffin tells us, there are still a few hot-button items left to fight over.
The Missouri House and Senate are still at an impasse over next year’s state budget. The Senate has made no progress on persuading Republican Jason Crowell of Cape Girardeau to stop blocking legislation to fund veterans’ homes.