Missouri Treasury flush with cash

The Missouri State Treasury is flush with cash.

At this point the state has more than $6 billion – from over two years of payments intended for COVID-19 response and positive revenue growth.

It’s estimated if revenue coming in remains at current levels, the surplus could amount to more than $15 billion by the end of the current fiscal year.

Just three years ago, the state only had about $9 billion.

Gov. Parson and legislators in the state say they’re keeping the possibility of a downturn in mind but the surplus is sure to have a positive effect on Missouri’s financial picture in the future.