Missouri General Revenue Figures Released

Missouri reported higher revenues April when compared to last year.

State Budget Director Dan Haug announced the April 2024 revenue of $1.38 billion this year. It was $1.15 billion last year. That’s a 20.4 percent year-to-year increase.

The state reported individual income tax collections down 7.3 percent for the year, from $7.96 billion in April of 2023 to $7.38 billion this year.

Sales and use tax collections were up 10 percent for the year and 22 percent for the month.

Corporate income and corporate franchise tax collections were up 2.2 percent for the year and 4.5 percent for the month.

The state’s net general revenue collections for 2024 fiscal year-to-date increased 2.7 percent compared to April 2023, from $10.42 billion last year to $10.70 billion this year.