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General revenue dropped in October

November 4, 2003
By: Christine McCarty
State Capital Bureau

General revenue is down this month in Missouri. Christine McCarty has the story.

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OutCue: SOC

The Missouri Department of Revenue released a report stating that general revenue collections have dropped a little over four percent in October.

But even though the revenue has decreased this past month, Linda Luebbering, Missouri budget director, says that general revenue collections are still up over last year.

Actuality:Luebbering
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Contents: The way to look at this is year-to-date we're up gross collections about 1.8 percent over last year so that's good, it's positive. The last couple of years we haven't had a lot of positive information.

But Luebbering says that the 1.8 percent increase isn't enough to fund the budget passed this year and no one should count on withholding money being released. From the state Capitol, I'm Christine McCarty.