CHAPTER XI
SOURCES OF ADDITIONAL REVENUE
LTHOUGH there is little doubt that the State of Missouri
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 expenditure
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 maintenance
appropriations toinstitutions of higher learning, including
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 additional
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 appropriations
to educational institutions for current expenses, increased
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