$7.295 billion. Thats how much money the state expects to take in for Fiscal Year 2012, amounting to a 4% increase from last year. That’s still about a $700 million decrease from the amount of general revenue the state took in before the recesion hit.
Governor Nixon says this is one factor he’ll use when drawing up his proposed budget, which will be presented during his state of the state address in January.
The consensus revenue estimate is established by state budget experts and outside consultants.