AGP Executive Report
Last update: 5 hours agoTax and Budget: Missouri voters will decide Nov. 3 whether to create a permanent investment fund aimed at eventually replacing state taxes. A legislative estimate says a $250 million starting investment could take 125 years to cover state expenses. Utility Costs: Missouri-American Water is seeking a $191.9 million annual revenue increase that could add about $15 a month to many customers’ bills. Public hearings begin Dec. 1. Energy Investment: Ameren Missouri has updated its 20-year energy plan with new generation and storage, as the state also looks to nuclear power to reduce reliance on out-of-state electricity. Agriculture: A sharp USDA increase in estimated corn yields sent futures lower and raised concerns for Missouri farmers; meanwhile, Mound City grower Dylan Rosier has become chair of the Missouri Corn Merchandising Council, which is pursuing export markets and new demand. Business Growth: EquipmentShare is building a 70,000-square-foot headquarters expansion in Columbia, while Central Missouri AgriService is rebuilding its Slater facility after a tornado with a $5 million restoration project.
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