Digging Out of a Hole Going Over a
- Slides: 34
Digging Out of a Hole Going Over a Cliff Missouri Budget & Tax Issues July, 2014 Jay Hardenbrook Missouri Budget Project www. mobudget. org
Digging Out of A Hole FY 2015 MO State Budget All Funds Earmarked Funds; 32% General Revenue; 34% Federal Funds; 34%
Digging Out of A Hole FY 2015 General Higher Education Governor's Budget All Other Revenue 13% 10% Human Services 30% K-12 Education 36% Corrections & Public Safety 8% Judiciary & Elected Officials 3%
Digging Out of A Hole All Others: 5% Corporate Income: 6% FY 2014 Revenues General Revenue Sales & Use: 21% Individual Income: 68%
Digging Out of A Hole
Digging Out of A Hole
Digging Out of A Hole
Source: A Shaky Foundation: Missouri Underfunding the School Formula , Missouri Budget Project March 19, 2014
Digging Out of A Hole School District Shortfall per Student County EXETER R-VI $914 Barry WHEATON R-III $914 Barry PURDY R-II $914 Barry SOUTHWEST R-V $912 Barry
Digging Out of A Hole School District Shortfall per Student County ADRIAN R-III $943 Bates RICH HILL R-IV $933 Bates HALLSVILLE R-IV $915 Boone
Digging Out of A Hole School District Shortfall per Student County MIRABILE C-1 $943 Caldwell POLO R-VII $941 Caldwell HAMILTON R-II $938 Caldwell MIRABILE C-1 $943 Caldwell
Digging Out of A Hole School District Shortfall per Student County ARCHIE R-V $938 Cass BELTON 124 $925 Cass SHERWOOD CASS RVIII $922 Cass PLEASANT HILL R-III $919 Cass RAYMORE-PECULIAR R-II $915 Cass
Digging Out of A Hole School District Shortfall per Student County CLEVER R-V $934 Christian SPARTA R-III $927 Christian NIXA PUBLIC SCHOOLS $905 Christian SPOKANE R-VII $901 Christian OZARK R-VI $901 Christian
Digging Out of A Hole School District Shortfall per Student County LIBERTY 53 $941 Clay SMITHVILLE R-II $910 Clay CAMERON R-I $934 Clinton PLAINVIEW R-VIII $906 Douglas
Digging Out of A Hole School District Shortfall per Student County SPRING BLUFF R-XV $935 Franklin ST. CLAIR R-XIII $926 Franklin SULLIVAN C-2 $919 Franklin NEW HAVEN $902 Franklin
Digging Out of A Hole School District Shortfall per Student County REPUBLIC R-III $906 Greene ARCADIA VALLEY R-II $901 Iron
Digging Out of A Hole School District Shortfall per Student County GRAIN VALLEY R-V $957 Jackson INDEPENDENCE 30 $946 Jackson OAK GROVE R-VI $923 Jackson LONE JACK C-6 $903 Jackson
Digging Out of A Hole School District Shortfall per Student County SARCOXIE R-II $911 Jasper WEBB CITY R-VII $907 Jasper
Digging Out of A Hole School District Shortfall per Student County DESOTO 73 $943 Jefferson GRANDVIEW R-II $934 Jefferson HILLSBORO R-III $928 Jefferson WINDSOR C-1 $924 Jefferson FOX C-6 $923 Jefferson FESTUS R-VI $917 Jefferson
Digging Out of A Hole School District Shortfall per Student County ELSBERRY R-II $948 Lincoln WINFIELD R-IV $941 Lincoln TROY R-III $937 Lincoln SILEX R-I $913 Lincoln
Digging Out of A Hole School District Shortfall per Student County EAST NEWTON CO. R-VI $910 Newton WESTVIEW C-6 $910 Newton BAKERSFIELD R-IV $901 Ozark LA MONTE R-IV $901 Pettis FAIR PLAY R-II $917 Polk PLEASANT HOPE R-VI $912 Polk
Digging Out of A Hole School District Shortfall per Student County WAYNESVILLE R-VI ($ $975 Pulaski LAQUEY R-V $970 Pulaski CROCKER R-II $959 Pulaski RICHLAND R-IV $952 Pulaski SWEDEBORG R-III $949 Pulaski DIXON R-I $940 Pulaski
Digging Out of A Hole School District Shortfall per Student County LAWSON R-XIV $918 Ray NAYLOR R-II $926 Ripley RIPLEY CO. R-III $904 Ripley WENTZVILLE R-IV $904 St. Charles CRANE R-III $904 Stone MILAN C-2 $908 Sullivan
Digging Out of A Hole School District Shortfall per Student County RAYMONDVILLE R-VII $905 Texas WARREN CO. R-III $918 Warren POTOSI R-III ($978) $978 Washington KINGSTON K-14 $974 Washington RICHWOODS R-VII $966 Washington
Digging Out of A Hole School District Shortfall per Student County FORDLAND R-III $908 Webster NORWOOD R-I $904 Wright
Going Over a Cliff
Going Over a Cliff
Building the Foundation of a Stronger Future Tax Cuts Comparing Missouri with Other States Missouri’s Tax Revenues are Lower than Other States • State and Local Revenue: 46 th lowest per capita nationally • Income Tax: 25 th lowest per capita • Corporate Income Tax: 45 th lowest per capita • Sales Tax: 42 nd lowest per capita Morgan Quitno State Rankings 2014
Building the Foundation of a Stronger Future Comparing Missouri with Other States Missouri’s Spending is Lower than Other States • State Spending: 43 rd lowest per capita nationally • Elementary and Secondary Education: 37 th lowest per capita • Higher Education: 44 th lowest per capita • Corrections: 47 th lowest per capita • Medicaid: Lowest eligibility allowed under federal law for low income parents, can’t earn more than $292 per month for family of three and still qualify for health care Morgan Quitno State Rankings 2014
Building the Foundation of a Stronger Future Missouri IS Outperforming Kansas June 2014 Percent Change NON-FARM PRIVATE SECTOR EMPLOYMENT 1. 346% Kansas 1366. 3 1384. 7 1. 622% Missouri 2724. 6 2768. 8 Source: U. S. Department of Labor, Bureau of Labor Statistics
Building the Foundation of a Stronger Future
Building the Foundation of a Stronger Future What Can We Do? Talk to Your Legislators Talk to Your Neighbors Talk to Your Co-Workers Join the Coalition!
Building the Foundation of a Stronger Future
Building the Foundation of a Stronger Future Questions? Comments?
- Lve
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