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THE MISSOURI BUDGET

FY 2013 TOTAL OPERATING BUDGET


SOURCES OF FUNDS
Total Funds*

$22,980,371,678

General
Revenue
$8,029,387,000
34.9%

Federal
$7,366,413,537
32.1%

Other
$7,584,571,141
33.0%

GOVERNORSRECOMMENDEDOPERATINGBUDGETALL FUNDS
Total Appropriations* $22,980,371,678

Transportation
$2,077,221,312
9.0%

Human Services
$10,349,832,451
45.0%

Corrections &
Public Safety
$1,241,441,412
5.4%

All Other
$2,640,353,328
11.5%

Judiciary,
Elected Officials,
& General
Assembly
$380,358,720
1.7%

Higher Education
$1,032,398,908
4.5%

Elementary and
Secondary
Education
$5,258,765,547
22.9%

*Excludes refunds

THE MISSOURI BUDGET

GENERAL REVENUE RECEIPTS AND ESTIMATES

Collections
Individual Income Tax
Sales and Use Tax
Corporate Income/Franchise Tax
County Foreign Insurance Tax
Liquor Tax
Beer Tax
Interest on Deposits and Investments
Federal Reimbursements
All Other Sources

Total General Revenue Collections


Refunds
Net General Revenue Collections

Actual

Consensus

Consensus

Receipts
FY 2011

Estimate
FY 2012

Estimate
FY 2013

5,632,978,448
1,809,696,986
537,296,030
211,208,380
25,351,064
8,222,901
7,268,426
62,599,074
151,907,005

5,835,000,000
1,875,000,000
530,000,000
190,000,000
25,500,000
8,200,000
6,000,000
31,300,000
149,900,000

6,084,700,000
1,940,600,000
520,000,000
200,000,000
26,000,000
8,200,000
6,000,000
26,300,000
151,700,000

8,446,528,314

8,650,900,000

8,963,500,000

(1,336,921,422)

(1,350,000,000)

(1,377,900,000)

7,109,606,892

7,300,900,000

Net Growth Rate

7,585,600,000

2.7%

FY 2013 CONSENSUS REVENUE ESTIMATE


Net General Revenue $7,585,600,000
Corporate
Income/
Franchise,
$352,000,000
4.6%

All Other
Sources
$271,400,000
3.6%

Sales and Use


$1,890,600,000
24.9%

Individual
Income
$5,071,600,000
66.9%

10

3.9%

THE MISSOURI BUDGET

GENERAL REVENUE SUMMARY


RESOURCES

FY 2011

Beginning Balance
Previous Year's Lapse1
Revenue Collections
Refunds
Federal Budget Stabilization Receipts
Other Collections2
Transfers to Fund
Total Resources Available

7,843,850,498
11,193,634
140,514,209
72,000,000
(249,781,065)
7,817,777,276

168,931,183

OBLIGATIONS
Operating Appropriations
Disaster Recovery Appropriations3
Supplemental/Estimated Appropriations
Capital Appropriations
Expenditure Restrictions/Confirmed Lapse4
Total Obligations

Ending Balance

FY 2012

52,430,354
108,467,368
8,446,528,314
(1,336,921,422)
572,388,526
0
143,815,319
7,986,708,459

FY 2013

168,931,183
208,140,134
8,650,900,000
(1,350,000,000)
277,269,999
0
144,984,904
8,100,226,220

7,908,511,628
72,000,001
92,302,576
89,632,154
(62,220,139)
8,100,226,220

0
125,627,411
8,963,500,000
(1,377,900,000)
0
90,350,000
222,867,915
8,024,445,326

$
$

7,998,199,499
31,187,501
0
70,000,000
(75,000,000)
8,024,387,000
58,326

NOTES TO GENERAL REVENUE SUMMARY


1

2
3

Unexpended appropriations are counted as a resource in the next fiscal year to avoid premature commitment of uncertain
resources until actual lapses are known. This includes reserves authorized by Section 33.290, RSMo.
Includes tax amnesty, centralized debt collection, integrated tax system, federal reciprocity, and other collection initiatives.
Includes appropriations for the State's Emergency Management Agency within the Department of Public Safety
and the National Guard within the Governor's Office.
The FY 2013 amount includes $70 million expenditure restriction applied to the Facilities Maintenance Reserve Fund
as authorized in Article IV, Section 27(b) of the Missouri Constitution and $5 million confirmed lapse in the Judiciary.

GOVERNORSRECOMMENDEDOPERATINGBUDGETGENERAL REVENUE
Total Appropriations* $8,029,387,000
Human
Services
$2,430,877,350
30.3%

Corrections &
Public Safety
$690,234,902
8.6%

All Other
$933,410,993
11.6%

Judiciary,
Elected
Officials,
General
Assembly
$290,453,812
3.6%

Elementary &
Secondary
Education
$2,943,476,585
36.7%

Higher
Education
$740,933,358
9.2%

*Excludes refunds

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