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Missouri Budget Director says state finances looking strongest in years

Dan Haug, Missouri Budget Director, stated that Missouri is entering the fiscal year in good shape.

Missouri’s past fiscal year ended with a last-minute $350 million surplus. However there has been a decline in revenue collection.

Haug said his office will only be concerned if the income tax decline continues for several more months. Individual income taxes provide about 75 percent of Missouri’s general revenue.

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