• In The News
  • Background
  • Issues
  • Solutions
  • Pensions
  • Commentary
    • Budget timeline: Annual 

      Fiscal Year starts: July 1

      The current state budget can be found here.

      Find the legislative session calendar here.

      Find the current legislative leaders here.


      MO Gov. Nixon

      Gov. Jeremiah Nixon
      Office of Governor Jeremiah W. (Jay) Nixon
      Missouri Capitol Building
      Room 216
      Jefferson City, MO 65101
      Phone: (573) 751-3222
      Fax: (573) 526-3291



      Linda Luebbering, Budget Director
      Division of Budget and Planning
      Room 124, State Capitol, Box 809
      Jefferson City, MO 65102
      Phone (573) 751-2345
      Fax (573) 526-4811



      Want a more robust, long-term look at your state's fiscal health, beyond the budget? There are two parts: Click here for the FY2012 Comprehensive Annual Financial Report (CAFR) compiled by the state government, and click here for information on the state's pension liabilities


      Missouri is required to pass a "balanced budget." Article IV, Section 24 of the revised 1974 Constitution requires the governor to submit the estimated available revenues of the State and a complete plan of proposed expenditures. Section 27 allows the governor to reduce expenditures when the actual revenues are less than the revenue estimates. Missouri law forbids the carrying over of a deficit from one year to the next. Despite these requirements, Missouri's Budgetary Comparison Schedules reported deficits (negative net transactions) for two of the three years studied.


      Major funds include general, public education, conservation and environmental protection, transportation and law enforcement, and the Missouri road fund. All five of the major funds are budgeted in addition to numerous non-major funds. Since actual and budgeted figures (expenditures and revenues) are relatively in sync, we assume that most funds are budgeted. Information within Budgetary Comparison Schedules is efficiently organized, containing "total" columns for the numerous non-major funds.  [from the Institute for Truth in Accounting]


      Find the state's bond ratings here.



      Show Me Institute

    • Solutions

      How Reality-Based Budgeting Can Permanently Resolve State Budget Gaps

      State Budget Solutions | by Bob Williams | November 7, 2012

      State Budget Solutions recommends that state legislators take action in 2013 to resolve the serious state financial crises by changing their focus from inputs to outcomes by redesigning budgets from the ground up based on priorities and performance.

    • Solutions

      How to Prevent Future Pension Crises

      by Cory Eucalitto | November 1, 2012

      The time for state and local governments to offer defined contribution retirement plans that protect both taxpayer dollars and public employee retirement security is now.

    • Solutions

      State Lawmakerís Guide to Evaluating Medicaid Expansion Projections

      The Heritage Foundation | by Edmund F. Haislmaier and Drew Gonshorowski | October 17, 2012

      Supporters of Obamacare claim that expanding Medicaid will entail little to no cost to state governments, since the federal government will fund the vast majority of the additional costs. Indeed, some analyses project states achieving savings from adopting the expansion. However, state lawmakers should be wary of accepting such analyses at face value.

    • Solutions

      Medicaid Is BrokenóLet the States Fix It

      The Wall Street Journal | by Paul Howard and Russell Sykes | October 15, 2012

      Block-granting Medicaid is the best way to deliver better, cost-effective care to the most vulnerable Americans.

    • Solutions

      The Case for Reform: Prisons

      Right on Crime | August 1, 2012

      Prisons are supremely important, but they are also a supremely expensive government program, and thus prison systems must be held to the highest standards of accountability.