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June 2, 2010 By DICK ALDRICH Missouri News Horizon JEFFERSON CITY, Mo. — Despite an overall decline in state revenue collections of more than 21 percent compared to last June, the state’s budget director is optimistic about increases in  some key economic indicators within the revenue collection system. “It is a mixed bag, but there [...]
Continue reading …JEFFERSON CITY, MO. — State Budget Director Linda Luebbering announced today that Fiscal Year 2010 ended with net general revenue collections declining 9.1 percent compared to Fiscal Year 2009, from $7.45 billion last year to $6.77 billion this year. Net general revenue collections for June 2010 decreased by 21.8 percent compared to those for June [...]
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By DICK ALDRICH Missouri News Horizon JEFFERSON CITY, Mo. – Citing a still uncertain state economy, Gov. Jay Nixon on Thursday announced $301.4 million in cuts to the fiscal year 2011 state budget. The cuts are in addition to more than $300 million state legislators made to the governor’s original budget plan during the just-completed [...]
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By DICK ALDRICH Missouri News Horizon JEFFERSON CITY, Mo. – Buoyed by strong sales tax collections and slight increases in personal withholding and corporate income and franchise taxes, the state’s budget director said there are some signs that Missouri’s economy may be starting to turn around. “The fact that sales taxes were up, that’s a [...]
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By DICK ALDRICH Missouri News Horizon JEFFERSON CITY, Mo. – The Missouri State Board of Education took a first look at budget figures for elementary and secondary education this week and agreed the future does not look good. The board took no action after it received a briefing on the legislature’s budget process and the [...]
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REBECCA TOWNSEND Missouri News Horizon JEFFERSON CITY, Mo. – The state’s Office of Administration must chop $350 million from the fiscal year 2011 budget after lawmakers breaking for the summer left for dead about $90 million in cost-saving bill proposals. Missouri State Budget Director Linda Luebbering announced the shortfall Tuesday. “I think the legislature made [...]
Continue reading …Office of Administration Press Release For Immediate Release                                                                                 May 18, 2010                                                                                                             Missouri State Budget Director Linda Luebbering announced today that an estimated $350 million will need to be reduced from the Fiscal Year 2011 budget approved by the legislature last week. Although the legislature was able to trim the budget, additional reductions are necessary due [...]
Continue reading …By DICK ALDRICH Missouri News Horizon JEFFERSON CITY, Mo. – Passing the budget and capstone bills on ethics and autism coverage is not enough to keep at least one lawmaker from calling legislators back to the Capitol for a special session to advance stalled economic development efforts. Rep. Jerry Nolte, R-Gladstone, sent a letter to [...]
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May 14, 2010 By DICK ALDRICH Missouri News Horizon JEFFERSON CITY, Mo. — The Missouri Legislature ended its 95th General Assembly with a busy day of bill passing, but what didn’t pass made most of the news at the Capitol. As the final moments of the session approached, House members sought to strike a deal [...]
Continue reading …By DICK ALDRICH Missouri New Horizon JEFFERSON CITY, Mo.– The Missouri House Higher Education Committee adjourned Tuesday without taking a vote on a constitutional amendment that would merge the Department of Elementary and Secondary Education, the Department of Higher Education and the Coordinating Board of Higher Education effectively killing the legislation for this session. “I [...]
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