(Copyright 2011 by The Associated Press. All Rights Reserved.)
JEFFERSON CITY, Mo. (AP) -- Missouri environmental officials want to keep the interest earned from one of their bank accounts to help boost funding for state parks.
The parks division gets about three-fourths of its money from an earmarked state sales tax. Other income from things like souvenir and concession sales and fees for camping are deposited into the State Park Earnings Fund. Currently, interest payments on the money in that fund go to general state revenue.
Legislation considered this past week by a House committee would allow the interest to remain in the fund. Park officials say that could help daily operations and maintenance.
Legislative staff estimate the change would involve about $110,000 in the 2012 budget starting in July. It would taper off to roughly $83,000 in 2013 and $70,000 in 2014.