Missouri revenue down a whopping 10 percent

General revenue in Missouri during the first quarter of fiscal 2010  is down 10 percent compared to last year, the Nixon administration announced today.

The key numbers:

  • First quarter revenue in fiscal 2009: $1.90 billion.
  • First quarter revenue in fiscal 2010: $1.71 billion.

More bad news:

Net general revenue collections for September 2009 decreased by 16.3 percent compared to those for September 2008 -- from $774.7 million to $648.7 million.