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2018 Missouri General Revenue Report Positive

The State of Missouri has released the 2018 General Revenue Report.  State Budget Director Dan Haug says that 2018 fiscal year-to-date net general revenue collections increased five percent compared to 2017, from $9.02 billion last year to $9.47 billion this year. 

Net general revenue collections for June 2018 increased 40 percent compared to those for June 2017.

Individual income tax collections increased 5.6 percent for the year; sales and use tax collections increased 2.3 percent; corporate income and corporate franchise tax collections were up 6.1 percent and all other collections increased .7 percent for the year.