Missouri still has to pay $167M in tax refunds - KMOV.com

Missouri still has to pay $167M in tax refunds

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By Brendan Marks By Brendan Marks

JEFFERSON CITY, Mo. (AP) -- Several hundred thousand Missouri taxpayers are still waiting for refund checks nearly a month after the tax deadline.

State budget director Linda Luebbering says the Department of Revenue has 366,000 individual income tax refunds remaining to be sent. People are owed a total of about $167 million.

Luebbering says the department appears to be behind last year’s pace in issuing tax refunds. That’s partly because more people waited to file their taxes and partly an effort to manage the state’s cash flow.

Through the end of April, Missouri’s net general revenues were up just 0.5 percent though the first 10 months of the 2014 fiscal year.

"I think your seeing a problem throughout the country and here in Missouri with the recession still on. A lot of new jobs created are part time jobs with no benefits," Rick Stream-R, Kirkwood said.

Luebbering says the lag in tax refunds means the state’s finances probably are a little worse than those figures would make it appear.

The state budget office sent News 4 an email saying all refunds will be paid within the next few weeks.


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