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Coronavirus Continues To Hit Missouri Revenues

Revenue collections in Missouri continue to drop because of the coronavirus.

State Budget Director Dan Haug on Friday said as of May, net general revenue collections were down more than 7% this year compared to last year. Revenues dropped significantly last month because of the coronavirus pandemic. In May alone, net general revenues decreased more than 22% compared to May 2019.

Missouri Gov. Mike Parson has cut close to $428 million in state government spending this year to compensate.

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