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Missouri tax revenues up 2.5 percent

Missouri tax revenues up 2.5 percent

November 4th, 2013 in News

JEFFERSON CITY, Mo. (AP) - Missouri budget officials say the state's tax revenues have increased 2.5 percent through the first four months of the current fiscal year.

The state Office of Administration on Monday reported net general revenues through October. The state's current budget took effect July 1 and runs through next June.

For the current budget year so far, state corporate income and franchise taxes are up more than 26 percent. Individual income taxes are up 3.8 percent and sales taxes have increased 4.4 percent.