Missouri to cut at least more $100M from budget, axe at least 200 more jobs - St. Louis Business Journal:

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Missouri will have to cut at leasyt 200 more state jobs through attritionand that’s in addition to the Budget Directorr Linda Luebbering said. Missouri has about 58,000 full-time Gov. Jay Nixon is expected to announce his plans for the additional cost cuts in two before fiscal 2010 startsJuly 1. The statwe now expects nearly $7.4 billion in revenu for fiscal 2010, about $370 million less than the roughly $7.
8 billiojn that state had anticipatedin January, Luebbering More than 85 percent of the state’sx revenue stream comes from individual income taxe s (60 percent) and sales taxes (25 “Our revenue stream is directly relatede to people working and buying,” Luebberingt said. “People are not working as many Some have losttheirt jobs. People are just not buying.” Missouri’s seasonallu adjusted unemployment rate was During this past GeneralAssembly session, the legislatured passed a $23 billion operating budget and spent nearly $1.
3 billion in federal stimulus funds, includiny $800 million for core programs, such as health care and The rest was spent on one-time Stimulus funding will dry up after 2011.