JEFFERSON CITY, Mo. (AP) — Missouri government posted a record year for revenue collections during its recently concluded budget year.
Figures released Friday show Missouri's net general revenues topped $11.2 billion during the 2021 fiscal year that on Wednesday. That was up more than 25% over 2020 and well more than the previous high of nearly $9.6 billion in the 2019 fiscal year. Missouri's budget runs from July 1 to June 30.
One reason the 2021 revenue figure is so high is that the state delayed the 2020 tax deadline from April 15 to July 15 — pushing some tax revenue into the next budget cycle.