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State revenues up 3.6 percent for budget year

State revenues up 3.6 percent for budget year

November 4th, 2010 in News

Missouri revenues rose in October, contributing to a 3.6 percent increase through the first third of its budget year.

Figures released Wednesday by the state Office of Administration show net general revenues grew 7.6 percent in October, compared with the same month in 2009.

Individual income taxes, corporate taxes and sales taxes all rose in October.

Despite an increase in October, sales tax collections still were down almost 1 percent for the first third of the fiscal year.