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State budget director says tools in place to deal with pandemic's effects

APRIL 13, 2020 | by Phillip Sitter | NEWS TRIBUNE (MISSOURI)

By Phillip Sitter, includes “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. … While withholds and increased federal revenue are the main tools available to balance the budget, he added, ‘We also have the Budget Reserve Fund that we can use, if necessary.’ …” 

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