Gov. Nixon plans Missouri revenue review in March

Friday, February 19, 2010 | 10:46 a.m. CST; updated 9:09 a.m. CST, Monday, February 22, 2010

JEFFERSON CITY — Gov. Jay Nixon says he plans to take a new look in March at whether Missouri needs to lower its revenue forecast and make additional budget cuts.

Nixon already has made more than $700 million in cuts because tax revenues have fallen short of projections.

Missouri's budget assumed there would be slight growth in state revenues this year.

But in January, state officials revised their revenue forecast to a 6.4 percent decline. Now even that appears optimistic.

Through January, state revenues were down 12.5 percent for the first seven months of the fiscal year. Nixon said he wants to see February figures before considering whether the revenue forecast needs to be revised again.


Like what you see here? Become a member.

Show Me the Errors (What's this?)

Report corrections or additions here. Leave comments below here.

You must be logged in to participate in the Show Me the Errors contest.


Leave a comment

Speak up and join the conversation! Make sure to follow the guidelines outlined below and register with our site. You must be logged in to comment. (Our full comment policy is here.)

  • Don't use obscene, profane or vulgar language.
  • Don't use language that makes personal attacks on fellow commenters or discriminates based on race, religion, gender or ethnicity.
  • Use your real first and last name when registering on the website. It will be published with every comment. (Read why we ask for that here.)
  • Don’t solicit or promote businesses.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report comment" link.

You must be logged in to comment.

Forget your password?

Don't have an account? Register here.