__________________________________________________________________________________
Jay Nixon, Governor
Kelvin L. Simmons, Commissioner
_________________________________________________________________________________Kelvin L. Simmons, Commissioner
THE MISSOURI BUDGET
FISCAL YEAR 2011
SUMMARY
FISCAL YEAR 2011
SUMMARY
OVERVIEW
Even though Missouri is in better shape than
most other states, tough budget challenges
remain.
The national and international
economic crisis has caused revenue to
continue its downward spiral, reaching historic
rates of decline in the previous and current
fiscal years.
The decline in revenues has
been so severe that collections will remain
below Fiscal Year 2006 levels.
Revenue forecasters predict a modest increase for Fiscal
Year 2011 but not enough to prevent additional
cuts and continue the fiscal restraint necessary
to keep the Missouri Budget balanced.
Governor Nixon’s Fiscal Year 2011 Budget
continues his commitment to provide resources
necessary to foster job creation for Missouri’s
economy; maintain funds for elementary and
secondary education; make higher education
more affordable; improve the delivery of health
care to Missourians; and make state
government more efficient.
Economy
Governor Nixon’s top priority is to turn
Missouri’s economy around by creating jobs.
Missouri must encourage entrepreneurship and
small-business growth; enhance workforce
training; and embrace emerging science and
technology — critical industries of tomorrow.
Last fall, the Governor led a listening tour
around the state to hear directly from local
Missouri businesses, both large and small,
about their needs, their aspirations and their
challenges.
The feedback from that tour formed
the framework of the Governor’s 2010 Jobs
Plan. The plan will:
Even though Missouri is in better shape than
most other states, tough budget challenges
remain.
The national and international
economic crisis has caused revenue to
continue its downward spiral, reaching historic
rates of decline in the previous and current
fiscal years.
The decline in revenues has
been so severe that collections will remain
below Fiscal Year 2006 levels.
Revenue forecasters predict a modest increase for Fiscal
Year 2011 but not enough to prevent additional
cuts and continue the fiscal restraint necessary
to keep the Missouri Budget balanced.
Governor Nixon’s Fiscal Year 2011 Budget
continues his commitment to provide resources
necessary to foster job creation for Missouri’s
economy; maintain funds for elementary and
secondary education; make higher education
more affordable; improve the delivery of health
care to Missourians; and make state
government more efficient.
Economy
Governor Nixon’s top priority is to turn
Missouri’s economy around by creating jobs.
Missouri must encourage entrepreneurship and
small-business growth; enhance workforce
training; and embrace emerging science and
technology — critical industries of tomorrow.
Last fall, the Governor led a listening tour
around the state to hear directly from local
Missouri businesses, both large and small,
about their needs, their aspirations and their
challenges.
The feedback from that tour formed
the framework of the Governor’s 2010 Jobs
Plan. The plan will:
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