From today’s Joplin Globe:
State budget director Linda Luebbering said Thursday that tax revenues are coming in lower than expected and an additional $45 million in cuts are necessary to balance this year’s budget.
Gov. Jay Nixon already has vetoed or cut more than $850 million from this year’s $23.7 billion budget for state operations and capital improvements. The 2010 budget year runs through June 30.
Luebbering announced the need for additional midyear cuts as House and Senate members began negotiations Thursday on a final version of next year’s budget. Lawmakers also are trimming spending from Nixon’s proposed 2011 budget.
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