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Jefferson City, MO

Missouri Taking in More Money Than Expected

JANUARY 5, 2006 - Posted at 4:07 p.m. CST

 

JEFFERSON CITY, MO - State government is taking in more money than expected in the current budget year.

New figures released today project the state will net $245 million more than what its current budget was based upon.

That means more money will be available to spend or carry over into the next budget year.

Governor Blunt declined to say what he wants to do with the money.  He says curious minds will have to wait until his State of the State speech next Wednesday.

The revenue projections were agreed upon by budget leaders for the governor's office, House and Senate.

The revised forecast calls for 4.9 percent growth for the budget year that ends June 30, compared to last year.  Growth of 4.5 percent is projected for the next fiscal year.

(The Associated Press contributed to this report.)

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