JEFFERSON CITY, Mo. (AP) - Missouri officials are ratcheting back their expectations for the state's finances while forecasting modest growth for the future.
Gov. Jay Nixon said Thursday that he has agreed on new revenue projections with budget leaders from the Missouri House and Senate. That agreement is noteworthy, because the Democratic governor and Republican lawmakers were unable to reach a consensus revenue estimate a year ago.
The officials now are predicting Missouri revenues of $8.37 billion for the 2015 fiscal year that runs through June. That's down about $367 million from what Nixon originally had forecast and down about $218 million from what lawmakers originally predicted.
The governor and legislators are predicting the state's 2016 revenues to grow by about 3.6 percent over that revised forecast.
© Associated Press
MOST VIEWED STORIES
Atchison Walmart robbery sparks suspect search
Brown Co man involved in fatal central KS crash
Accused Atchison Walmart robber arrested Wed
Packed hearing Thurs for Atchison Co Lake's future
Wrecked motorcyclist escapes serious injuries
Decision made on future of Atchison Co Lake
New Jeff Co North leadership hired
Local judge among 15 seeking Supreme Court vacancy
Atchison's black business past set for renewal
Two arrested after Jackson Co traffic stop
Nemaha Co Attorney discusses retirement plans with commission
Jackson Co voters to face special question in November
Plea entered in Jackson Co child sex case
Flags to fly in honor of fallen KS paramedic
HCC successfully concludes DOJ settlement agreement
Lancaster Fire gains firetruck
Familiar name in local radio being remembered
Falls City Council moves forward with bonding for future electrical needs
LATEST STORIES
Memorial Day honors planned for Atchison Co vets
Local tribes awarded housing grants
Suspect arrested in Jackson Co vehicle theft
Familiar name in local radio being remembered
Auburn BPW updates water situation
Atchison's pool to open Saturday; some rates increased
Falls City Council approves expenditures
Update on May 19 SE NE tornado