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Missouri Revenues Drop in FY 2010 July 2, 2010

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Missouri Budget Director Linda Luebbering (Photo by: Marshall Griffin, St. Louis Public Radio.)

State revenues in Missouri dropped by more than 9 percent during the fiscal year that just ended, making it one of the worst in recent memory. St. Louis Public Radio’s Marshall Griffin reports.

Here’s the story.

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Missouri Senate Drafts New Auto Incentives Bill July 2, 2010

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Missouri Capitol Building

Missouri Senate Leaders are bypassing a committee that’s blocking legislation to provide auto incentives during the ongoing special session. St. Louis Public Radio’s Marshall Griffin reports.

Here’s the story.

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Missouri Senate Passes Pensions Bill July 1, 2010

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St. Louis Public Radio’s Marshall Griffin reports that the Missouri Senate has passed legislation to restructure the state’s pension system. The bill would raise the retirement age for state workers to 67, require new workers to pay into their pensions, and create a new investment board for the state’s various pension plans. Senate Majority Floor Leader Kevin Engler says the new board would look for the best places to grow money:

“What we’re trying to do is give those boards the flexibility to go to the best return, where it’s in a down market or up market, to try to beat the markets.”

The House version of the bill does not contain an investment board. Members there say the provision would add a new level of bureaucracy and invite corruption.

Missouri Debt to be Refinanced June 12, 2010

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The state of Missouri is moving to have its debt refinanced, to save money. St. Louis Public Radio’s Marshall Griffin reports.

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Summit Focuses on Revitalizing Rural America June 7, 2010

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Vilsack speaks to reporters at the Rural Summit in Hillsboro. (Photo by: Veronique LaCapra, St. Louis Public Radio.)

Agriculture Secretary Tom Vilsack announced several new grant and loan programs Thursday intended to help stimulate the rural economy. The Secretary made his announcement at the National Summit of Rural America, where as St. Louis Public Radio’s Véronique LaCapra reports, he described the Administration’s new priorities for the rural sector.

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Nixon: State Can Focus Tourism Funding Elsewhere June 2, 2010

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Gov. Jay Nixon (File photo by: Kyle Stokes, KBIA)

Missouri Gov. Jay Nixon says the state can fill the void left by the high-profile departure of the Tour of Missouri bike race. The governor says he supports the state tourism commission’s decision not to fund the race, and believes Missouri can still attract tourism dollars in other ways.
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PSC Grants $226 Million AmerenUE Rate Hike June 1, 2010

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St. Louis Public Radio’s Maria Altman brings us this story. The Missouri Public Service Commission voted Friday to grant AmerenUE a $226 million rate increase. The St. Louis-based utility had requested a $402 million hike.
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Monsanto Cuts Herbicide Price, Company Stock Price Falls May 31, 2010

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Monsanto is headquartered in St. Louis.

Agricultural biotech company Monsanto, headquartered in St. Louis, has announced it is cutting the price of Roundup to bring it more in line with generic versions of the herbicide. St. Louis Public Radio’s Véronique LaCapra reports the company also plans to reduce the number of available products.

Tour of Missouri Canceled May 27, 2010

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Riders sprint through downtown St. Louis in the opening stage of the 2009 Tour of Missouri.

Riders sprint through downtown St. Louis in the opening stage of the 2009 Tour of Missouri.

The Tour of Missouri is officially off the calendar for 2010. The race’s organizer has decided to walk away from the bike race’s fourth year. As St. Louis Public Radio’s Rachel Lippmann reports, supporters are blaming politics for its demise.

Here’s the story.

The race’s vice chairman says organizer Medalist Sports would return if a private donor could be found, but did not expect that to happen.

Missouri Lawmakers Pass New Restrictions on Sexually Oriented Businesses May 14, 2010

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Photo by: Marshall Griffin, St. Louis Public Radio.

The Missouri House and Senate have sent to Governor Nixon legislation restricting the activities of sexually oriented businesses in the Show-Me State. St. Louis Public Radio’s Marshall Griffin reports.

Here’s the full story.

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