By Corianna Baker, includes “… All the cities on this list, including Kansas City and St. Louis, have balanced budget requirements, meant to ‘prevent elected officials from shifting the burden of paying for current-year services to future-year taxpayers.”
The 2020 Financial State of the States report surveys the fiscal health of the 50 states prior to the coronavirus pandemic. This data is released today by Truth in Accounting (TIA), a think tank that analyzes government financial reporting.
Plaintiff lawyers want insurance companies to absorb the cost to business of the Covid-19 pandemic—and they’ve had some early successes
Monday marks the start of a new order in Kansas City requiring people to wear masks in public spaces. Mayor Quinton Lucas said the health order, which comes after several days of record new COVID-19 cases in the area, will help businesses.
How large could the shortfall in state government general revenues be, amidst the coronavirus and related crises?
Lots of money being spent while the influx of revenue has slowed can be a recipe for cash problems. However, Missouri's budget director said the state has the tools it needs to keep the current year's budget balanced and cash flowing, despite disruptions caused by the COVID-19 pandemic.
East St. Louis fire and police pension board members will give the city another chance to keep their pension funds current before deciding whether or not to pursue another revenue intercept by the Illinois Comptroller’s office.
This post is part of a series titled “Supervising Our Nation’s Financial Institutions.” The series, written by Julie Stackhouse, executive vice president and officer-in-charge of supervision at the St. Louis Federal Reserve, appears at least once each month.
St. Louis is already more than $1.6 billion in debt, according to the nonprofit government finance watchdog Truth in Accounting.
Platte County, Mo., is being punished for its resistance to bailing out a retail center that opened during the recession and has struggled to make bond payments.
Advocates of government financial transparency hope that Missouri’s new website providing detailed information about the state’s finances will spur other states to do the same.
The state of Missouri has a new website for the public to look over information about government finances.
JEFFERSON CITY - If Missouri residents wanted to get information about the state's finances, they would have to go through multiple sources to get what they need. According to Missouri State Treasurer Eric Schmitt, that all changes today.
Missouri State Treasurer Eric Schmitt announced the launch today (Aug. 21, 2018) of the website, ShowMeCheckbook.mo.gov. Schmitt's office says It's powered by more than 20 million data points making it one of the most comprehensive state government financial data portals in the country.
Missouri’s two biggest cities aren’t especially well run according to a survey by personal finance website Wallethub.
On a sunny day last May, a boom truck sat outside the Clay County Annex on Vivian Road. For months, the county had failed to pay its electric bill. Now, the power was going to be shut off.
Major league teams used to get everything they wanted from sports-mad cities. Now they have to fight for it -- and increasingly, they’re losing.
U.S. Senator Claire McCaskill, the top-ranking Democrat on the Homeland Security and Governmental Affairs Committee, today released a report detailing the Pentagon’s systemic mismanagement of the ‘Legacy’ program.
Driverless cars could become a regular feature of the roads as early as April – at least in California, which has decided to allow fully autonomous vehicles to be tested on the roads (none of those pesky humans who have been present in test drives so far).
It won't be a surprise to readers of this blog that Kansas City and St. Louis are in bad financial shape.