Mo. revenues up 10 percent for 2013 fiscal year

JEFFERSON CITY, Mo. (AP) — A new report shows Missouri revenues up more than 10 percent through the first 11 months of the fiscal year compared with the same period last year.

The Missouri Office of Administration says net general revenue through the end of May totaled $7.3 billion, compared with $6.6 billion at the same point last year.

Tuesday’s report shows revenue up 9.3 percent from personal income taxes and 3.2 percent from corporate income tax payments. Meanwhile, tax refunds through the end of May declined 5.6 percent compared with last year.

Missouri’s 2013 budget year started last July and ends June 30.

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