Lt. Gov. Mike Kehoe presents his budget requests to the Missouri House Budget Committee on Wednesday, Feb. 7, 2024. (Rudi Keller/Missouri Independent)
Missouri is heading toward its first fiscal year with declining revenue in more than a decade — and the first in living memory during a growing economy — according to the latest estimate of state tax revenue.
General revenue for the fiscal year that ends June 30 will total $13.35 billion, a decrease of about $70 million from the record $13.42 billion collected in fiscal 2024, according to a news release Wednesday from Gov.-elect Mike Kehoe…