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PrintJEFFERSON CITY — Although state revenue collection for the year remains down, revenue collection for the month of November increased compared with last year.
State Budget Director Linda Luebbering announced that general revenue collections for November increased by almost 7 percent compared with collections from November 2008.
"It's the first positive number in quite awhile," Luebbering said.
But, she said, the increase needs to be understood in context.
One of the collection dates that fell in October last year was pushed into November this year which affected the number, Luebbering said. It is important to look at both October and November to completely understand the figure, she added.
According to Luebbering, combined collections for October and November declined by $36 million.
Previously, Gov. Jay Nixon said he expects revenue collections to decline by 4 percent for the year. These numbers show collections are "coming in right in line with actions the governor has already taken," Luebbering said.
Overall, state revenue collections are down 7.7 percent compared with the same period last year.
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