The State Budget Director believes the more than five percent growth in state revenues shown so far this year are not what the state will end up having. Linda Luebbering says legislators did not take into account the federal tax cuts passed last Spring, which she believes will cut into state revenues because state tax deductions follow the federal ones. Luebbering says that puts the actual growth of revenues probably closer to only about one percent, although she says they’re working to get a more exact figure. And, it’s why she uses the more conservative gross tax collections when talking about this year’s revenue projections. Luebbering does say net revenue collections are still the numbers budget planners should use. Luebbering says she hopes to have more solid figures on what the federal tax cuts have done to state revenues next month. A $95-Million federal payment last month was to help the state with any losses the it would incur because of the federal tax cut.
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Missouri Department of Revenue working to shorten lines at license offices
Missouri Department of Revenue working to shorten lines at license offices - Missourinet
Efforts are underway to shorten the wait times at privately-run license offices in Missouri, which contract with the...
www.missourinet.com
Missouri Department of Revenue working to shorten lines at license offices
https://www.missourinet.com/2023/09/07/missouri-department-of-revenue-working-to-shorten-lines-at-license-offices/
Missouri PSC argues optional Time-Of-Use rate plan saves money
https://www.missourinet.com/2023/09/07/missouri-psc-argues-optional-time-of-use-rate-plan-saves-money/
Drought conditions have worsened over the last week, with the percentage of the state that is Abnormally Dry increasing from 72% to 78% and the percentage in Extreme Drought moving from 5% to almost 9%. Avoid activities that could spark a fire based on local conditions.