On Air Now Enjoy The Music of KCAX on Branson 4U
Listen Live

Governor Parson, Budget Leadership Announce FY 2025 Consensus Revenue Estimate

Saturday, December 2, 2023 at 12:00 AM

(JEFFERSON CITY, MO) – On Friday, Governor Mike Parson announced the state’s Consensus Revenue Estimate (CRE) for Fiscal Year (FY) 2025.

The annual CRE is a figure established by state budget experts and is one of the basic assumptions used by the Governor and legislative leaders to build and balance Missouri’s budget.

"As always, we greatly appreciate House and Senate leadership, our state budget team, and other state partners for helping develop this year's revenue estimate to inform our budget for next year," Governor Parson said. "Our administration has passed three tax cuts, one being the largest in state history, and made historic, once-in-a-generation investments all while approving conservative, balanced budgets every year. As a result, our revenues remain strong and stable and Missouri's financial position is secure."

The key figure in the CRE is the projected general revenue collections. Net general revenue collections in FY25 are expected to be $13.16 billion. This represents a 0.2 percent net general revenue growth over the revised CRE for FY24.

The revised estimate for the current fiscal year (FY24) assumes $13.14 billion in net general revenue collections, which represents a 0.7 percent decline compared to FY23.

"The Missouri economy remains strong due to the conservative policies that we've put in place," Senate Appropriations Chairman Lincoln Hough said. "Our projected growth in revenue is lower due to Missourians keeping more of their hard-earned money in their pocket, which increases individual household income."

“I am proud to reach an agreement on a conservative revenue estimate, and I look forward to working with both Senator Hough and Governor Parson to create a suitable and sustainable budget next fiscal year," House Budget Chairman Cody Smith said.

Governor Parson will outline his proposed FY25 budget during his annual State of the State address in January.

###

The above press release is from Governor Mike Parson's Office of Communications.

Share

More from Local News

  • College of the Ozarks reaffirms Sabbath observance, adjusts Sunday operations

    POINT LOOKOUT, MO. — College of the Ozarks, after carefully evaluating Sunday operations, is committed to upholding its foundational values by discontinuing Sunday brunch at The Keeter Center. This step, rooted in faith, tradition, and a desire to prioritize students and employees, aligns with the values of the College.

  • Rainy Day Before a Cool, Dry Weekend

    After a day off from the rain for most, precipitation chances pick back up today as another front will bring another round of showers.

  • Missouri teen swipes first state record fish of 2025

    JEFFERSON CITY, Mo. – The Missouri Department of Conservation (MDC) congratulates Riley Isaacs of Bradleyville for becoming the latest state record holder for redear sunfish. The 17-year-old was bowfishing at Lake Taneycomo April 18 when he shot a 2-pound, 3-ounce fish. The previous record under alternative methods was a 2-pound, 2-ounce fish also caught from Lake Taneycomo in 2022.

  • Hollister Schools Foundation donates $4,000 for Therapy Dog

    The Hollister Schools Foundation has presented a $4,000 check to the Hollister R-V School District, funds raised during last spring’s "Coins for a Cause" fundraiser. The generous donation will be used to help purchase two therapy dogs for the district, set to debut at the start of the 2025-2026 school year. The check was presented to Superintendent Dr. Brian Wilson and Assistant Superintendent of District Operations, Dr. Sean Woods, by foundation board members Katie Adams, Ryan Gdovin, and Denise Olmstead.

  • The Shepherd of the Hills Outdoor Drama to Celebrate 65th Anniversary on May 10th

    BRANSON, MO (April 17, 2025) – In 2025, the Shepherd of the Hills Outdoor Drama celebrates 65 years of bringing the historic performance to over 8 million attendees. This milestone marks the show as the oldest outdoor drama in the state of Missouri, as well as maintaining its title as the original show in Branson.

Ways To Listen to KCAX Branson 4U

  • Download The App that Fits Your Lifestyle

    Click the links below if you have an Apple or Android phone to download our app. This will let you listen to us no matter where you are. On the lake? No problem, In another country? No problem. If you use Alexa at home, just say "Alexa, Play Branson4u" no matter where you live.

  • Apple store

    Download here if you have an Apple device, including iPhone, iPad, or Mac.
    This will place our app directly on the desktop of your device, making it easy to
    access with just a click. Plus, our app is compatible with Apple CarPlay, so you can
    seamlessly use it in your car too!

  • Google Play

    Download here if you have an Android device, including phone, tablet, or computer.
    This will place our app directly on the home screen of your device, making it easy to
    access with just a tap. Plus, our app is compatible with Android Auto, so you can seamlessly
    use it in your car too!

  • Alexa

    If you use Alexa at home, just say "Alexa, Play Branson4u" no matter where you live.
    Download Alexa here!

Weather on KCAX Branson 4U

Automatic Popup