The fiscal problem in Missouri

Bibliographic data

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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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter I. State and local expenditures

Collection:: Economics Books

16 THE FISCAL PROBLEM IN MISSOURI Minnesota, Illinois, and Ohio. The net expenditures of Minnesota were 3.29, larger than those of Missouri; of Illi- nois, 86.7% larger; and of Ohio, 11.2%, larger. The ratios of the expenditures of the eight other states to those of Missouri are presented in the last column of Table 3. These ratios show that the net expenditures of Missouri for the six-year period were considerably more than the com- bined net expenditures of Kansas and Nebraska. The same is true of the combined expenditutes of Oklahoma and Arkansas and of other combinations of two states. Probably the most significant comparison on the basis of the data in Table 3 is between the capital expenditures of the several states and those of Missouri for the six-year period. Only one state, Illinois, had larger capital expenditures than Missouri, and none of the other states expended 75% as much for capital purposes. The capital expenditures of Ohio, a state having a much larger population and greater wealth, were only a little more than three fifths as large as those of Missouri. The capital ratios in Table 3 are highly instructive and show conclusively that the capital expendi- tures of Missouri during the period were much larger than those of other states of comparable population and wealth. In Table 4 the maintenance, capital, and net total ex- penditures of the several states are presented on a per capita basis. In 1928 the net expenditures of Missouri amounted to $10.76 per capita, a smaller amount than for any other state in the group except Ohio. Minnesota showed the highest per capita net expenditures, $18.95. In 1927 the per capita net expenditures of Missouri were $12.21, while in 1925 and 1926 they were $14.40 and $13.79, respec- tively, and in those years the net expenditures of the state on a per capita basis were exceeded only by Minnesota. The decline in the figures for Missouri after 1925 is largely attrib- atable to the decrease in highway expenditures. Per capita expenditures in Missouri for maintenance in 1928 amounted to $6.77, a smaller amount than in any state except Illinois. Although Missouri’s per capita expenditures for maintenance were higher in both 1923 and 1924 than in the later years, the difference was not great. The variations from year to year in Missouri have been much less than for

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