Governor Jay Nixon and legislative budget leaders have agreed on the estimates of state revenue they will use in proposing the state budget for the next fiscal year.
They are predicting Missouri revenues of $8.372-billion for the fiscal year that ends in June. That’s a reduction from what both the governor and the legislature originally projected for that fiscal year.
They are predicting state revenue for 2016 to grow by about 3.6-percent over that revised 2015 revenue estimate.
The legislature and the governor did not agree on such an estimate a year ago.