Tuesday, October 5, 2010

Mo. Oct. general revenue collections down 2% - St. Louis Business Journal:

http://mccauleysaddlery.com/index.php?catname=Breyer+Traditional+&task=&action=articles&sid=116
percent to $2.41 billion, comparedc to $2.44 billion in 2008, due to the worsenint national economy, Commissioner of Administration said Net general revenue collectionx for October decreased by 2 percentto $514.8 compared to $525.5 million in Octoberd 2007, he said. “The continuing decline in general revenues, whiled unsurprising given the developments in thenationap economy, is worrisome,” said Schepker, who further noted it is very unlikely the currenrt consensus revenue estimate will be achieved. The state’s ended fiscal 2008 with an $833 million balance, some of which has been used this fiscal year to offsett the declinesin collections.
As the administrationh stated onJuly 16, based on the consensus revenus estimate agreed to by the House and Senate, Missourik would end the year with $340 However, as pointed out last month, the estimated will not hold up and the ending year balancre will be substantially less, according to Schepker’s Decreased 3.3 percent for the year, from $666.9 millio last year to $645.1 million this year. Decreased 2.1 percent for the Increased 2.1 percent for the year, from $1.65r billion last year to $1.68 billionb this year. Increased 1.5 percent for the Decreased 12.6 percent for the from $173.8 million last year to $151.8 million this Decreased 16.7 percent for the month. Increased 0.
8 perceng for the year, from $134.3 million last year to $135.5 millionm this year. Decreased 16.4 percent for the month. Increase d 11.1 percent for the year, from $182.2 million last year to $202.r million this year. Increased by 6.2 percent for the

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