The fiscal problem in Missouri

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Monograph

Identifikator:: 1833271335

URN:: urn:nbn:de:zbw-retromon-230042

Document type:: Monograph

Title:: The fiscal problem in Missouri

Place of publication:: New York

Publisher:: National Industrial Conference Board, Inc.

Year of publication:: 1930

Scope:: xvi, 359 S.

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter XI. Sources of additional revenue

Collection:: Economics Books

CHAPTER XI SOURCES OF ADDITIONAL REVENUE LTHOUGH there is little doubt that the State of Mis- souri will have to raise additional revenue, there may be considerable differences in opinion concerning the amount that will be needed in the near future. Such differ ences depend largely on a number of variables that enter into any estimate that might be made. Before considering the sources from which additional revenues might be obtained, it is desirable to analyze briefly the variables on the expen- diture side and the revenue situation with which Missouri is confronted at the present time. VariaBLE Factors iv StaTE EXPENDITURES Any estimate of the additional expenditures that Missouri will be obliged to incur during the next few years depends largely on the position taken concerning, (1) the financing of capital requirements by means of a bond issue as compared with current revenues, (2) the amount of additional mainten- ance appropriations toinstitutions of higher learning, includ- ing teachers’ colleges, (3) additional state aid for publicschool purposes, and (4) additional state support for conservation of the public health and the care and treatment of the mentally defective and feebleminded. The recent State Survey Commission recommended addi- tional state expenditures of approximately $193 million? for a ten-year period or an average of approximately $19.3 million per year. This estimate was based on the financing of all capital outlays and extraordinary repairs out of current revenues, increased expenditures on account of appropria- tions to educational institutions for current expenses, in- creased state aid to public schools of $100.6 million for current expenses in accordance with the minimum program, and in- ! Report of the State Survey Commission, 1929, p. 134, 200

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