Missouri Consensus Revenue Estimate

(Jefferson City, MO) Missouri Governor Mike Parson is announcing the state's Consensus Revenue Estimate, or CRE, for Fiscal Year 2025. The annual CRE is a figure established by state budget experts and is one of the basic assumptions used by the Governor and legislative leaders to build and balance Missouri's budget. The key figure in the CRE is the projected general revenue collections. Net general revenue collections in FY25 are expected to be $13.16 billion. This represents a 0.2 percent net general revenue growth over the revised CRE for FY24. The revised estimate for the current fiscal year (FY24) assumes $13.14 billion in net general revenue collections, which represents a 0.7 percent decline compared to FY23. Parson will outline his proposed FY25 budget during his annual State of the State address in January.