Quantcast

State of Missouri releases August 2013 General Revenue Report - KOAM TV 7

State of Missouri releases August 2013 General Revenue Report

Updated:

NEWS RELEASE ISSUED SEPTEMBER 4, 2013 BY THE MISSOURI OFFICE OF ADMINISTRATION

State Releases August 2013 General Revenue Report

JEFFERSON CITY, Mo. – State Budget Director Linda Luebbering announced today that 2014 fiscal year-to-date net general revenue collections decreased 0.8 percent compared to 2013, from $1.16 billion last year to $1.15 billion this year.

Net general revenue collections for August 2013 increased by 2.2 percent compared to those for August 2012, from $652.6 million to $667.2 million.

GROSS COLLECTIONS BY TAX TYPE

Individual income tax collections

  • Increased 2.6 percent for the year, from $764.4 million last year to $784.4 million this year.
  • Increased 4.6 percent for the month.

Sales and use tax collections

  • Increased 0.7 percent for the year, from $339.4 million last year to $341.8 million this year.
  • Decreased 1.8 percent for the month.

Corporate income and corporate franchise tax collections

  • Increased 10.3 percent for the year, from $27.9 million last year to $30.8 million this year.
  • Increased 10.2 percent for the month.

All other collections

  • Decreased 43.3 percent for the year, from $111.4 million last year to $63.2 million this year.
  • Decreased 13.7 percent for the month.

Refunds

  • Decreased 15.5 percent for the year, from $84.8 million last year to $71.6 million this year.
  • Decreased 16.3 percent for the month.

Director Luebbering also noted the General Revenue Fund borrowed $150 million from the Budget Reserve Fund for cash flow purposes. The funds will be repaid before the Constitutional deadline of May 15, 2014.

###

  • Local NewsMore>>

  • Webb City School District scores 95% Annual Performance Review

    Webb City School District scores 95% Annual Performance Review

    Friday, August 29 2014 3:30 PM EDT2014-08-29 19:30:17 GMT
    Webb City, MO - August 29, 2014 - The Webb City School District is proud to announce their annual performance review grade of a 95%, full accreditation from the Missouri School Improvement Program (MSIP) 5 school accreditation program. The school district scored 133 of 140 points on the MSIP 5 Rubric. The performance standards include academic achievement, subgroup achievement, college and career readiness, attendence rate, and graduation rate.MSIP began in 1990 and entered its fifth version ...More >>
    Webb City, MO - August 29, 2014 - The Webb City School District is proud to announce their annual performance review grade of a 95%, full accreditation from the Missouri School Improvement Program (MSIP) 5 school accreditation program. The school district scored 133 of 140 points on the MSIP 5 Rubric. The performance standards include academic achievement, subgroup achievement, college and career readiness, attendence rate, and graduation rate.MSIP began in 1990 and entered its fifth version ...More >>
  • Joplin wanting the public's input for annual festival

    Joplin wanting the public's input for annual festival

    Thursday, August 28 2014 10:39 PM EDT2014-08-29 02:39:02 GMT
    Press Release city of Joplin: Public input is being sought regarding the potential for a new annual, signature festival for the Joplin region. Some areas of consideration include: themes or historical references for an event; the activities that could be included in such an event; as well as the logistics of a large community activity including time of year and location.More >>
    Press Release city of Joplin: Public input is being sought regarding the potential for a new annual, signature festival for the Joplin region. Some areas of consideration include: themes or historical references for an event; the activities that could be included in such an event; as well as the logistics of a large community activity including time of year and location.More >>
  • Local Gun Range Owners React to Arizona Accident

    Local Gun Range Owners React to Arizona Accident

    Thursday, August 28 2014 9:25 PM EDT2014-08-29 01:25:43 GMT
    In our area shooting is a popular activity or sport for many. So we spoke with a local gun range owner and student who began his shooting career at a young age and about the ways they protect themselves More >>
    In our area shooting is a popular activity or sport for many. So we spoke with a local gun range owner and student who began his shooting career at a young age and about the ways they protect themselves More >>
Powered by WorldNow

KOAM - Licensed to Pittsburg, Kansas
Send tips, ideas and press releases to: tips@koamtv.com
Send newsroom questions or comments to: comments@koamtv.com
Phone: (417) 624-0233 or (620) 231-0400
Web comments or questions: webmaster@koamtv.com
Newsroom Fax: (417) 624-3158

Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and KOAM. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.