tax

File / KBIA

City Manager Mike Matthes is proposing that the city ask voters to approve a property tax increase and to renew the Capital Improvement Sales Tax in order to fund Columbia police and fire departments. Matthes announced this when presenting the proposed 2015 fiscal year budget at a press conference Friday morning.

missouri capitol
Kristofor Husted / KBIA

A proposed transportation sales tax increase is in jeopardy in the Missouri House because some Democrats are upset about an income tax cut.

The three-quarters cent sales tax already has passed the Senate and needs just one more House vote to be referred to this year's ballot. But lawmakers have just five working days before their session ends May 16, and support for the transportation tax is waning.

When the House approved an earlier version of the bill in April, 33 Democrats joined 63 Republicans to exceed the 82 votes needed to pass legislation.

Boonville Tourists May Pay More in the Near Future

Oct 21, 2013
zoetnet

Boonville tourists may soon spend more money on their visits.

That's because the city wants to increase its lodging tax from 4 % to 5 %.  That  move will add an additional $40,000 to the tourism fund for next year.

A lodging tax is applied only to those who spend the night in a hotel, motel, bed and breakfast, or campground in Boonville city limits.

Representative Lisa McClary of the Boonville Tourism Commission said she knows how the money will be spent.

File / KBIA

 

   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.

nigeljohnwade / flickr

A Republican lawmaker from rural Missouri is calling for a sales tax on violent video games in response to a deadly Connecticut school shooting.

Upupa4me / Flickr

The sale of a winning Powerball ticket in northwest Missouri could mean about $10 million in unexpected income tax revenue for the state.

david_shane / flickr

Members of a panel created to review Missouri’s tax credits, are leaning towards recommending that the cap on Historic Preservation tax credits be cut nearly in half.  The incentives program is popular with developers, but Democratic Governor Jay Nixon and a group of Republican State Senators say it’s draining off revenues from the state budget.

Regional news from the KBIA newsroom, including:

  • State lawmakers override veto of birth control bill
  • Mo. lawmakers skip override on sales tax bill
  • Missouri House picks Jones as new speaker

Newscast for April 16, 2012

Apr 16, 2012

Regional news coverage from the KBIA News room, including:

  • Missouri Gov. Jay Nixon raised $1.7 million this past quarter, helping build a campaign account of more than $6 million for his re-election bid. 
  • Council to discuss Westwood Avenue trees issue.
  • Ryan Ferguson's evidentiary hearing starts Monday in Jefferson City.
  • State representative push bills to help seniors living on fixed income.

Newscast for March 26, 2012

Mar 26, 2012
j.stephenconn / flickr

Regional news coverage from the KBIA News room, including:

  • Changes could be ahead for the Boone County Mental Health Board
  • A 64-year-old man killed in St. Joseph fire
  • New cigarette tax legislation filed in Jefferson City.