KBIA Local
(2010-01-05)
JEFFERSON CITY, MO
(KBIA) -
Missouri's tax collections are expected to rise a bit IN 2010, but remain well below what they were two years ago. Both Democratic Governor Jay Nixon and GOP legislative leaders agree on the latest numbers. They estimate that state revenue collections will rise by nearly four percent after July first, but will still be about 780 million dollars less than they were in 2008. Linda Luebbering, the governor's Budget Director, says cuts will still be necessary"Obviously, there are some things that the governor and the legislature believe are higher priorities, and they're going to work to protect those areas, but it's too early to know precisely what will happen in those areas."
Officials also estimate that the state will collect half a billion dollars less in revenue during the current fiscal year, which ends in June, than it did in 2009. © Copyright 2012, KBIA
