A report of Missouri's daily spending and revenue is now available online through the state auditor's website, Auditor Nicole Galloway announced.
The website shows the state's daily financial activity and account balance for the general revenue fund.
"Many people have the convenience of checking their own bank account online or on their phones, and now they can check up on the state's finances in much the same way," Galloway said in a news release. "These are citizens' tax dollar, and Missourians have a right to know how much the state is spending and how much we have left at the end of each day."
For example, the site shows on Wednesday the state spent $6 million and received $25 million into the general revenue fund. The state ended the day with a general revenue fund balance of $360 million.
Galloway said plans are underway to expand the amount of information available about daily transactions, including descriptions of the spending and income items for each day.
This effort is part of Galloway's "Budget Integrity Series," announced earlier this month, which is designed to examine the contributing factors to Missouri's current budget crisis. The initiative aims to identify the causes of the current budget shortfall, estimated at more than $500 million for the next fiscal year, according to Galloway's news release.
As part of the series, the State Auditor's Office has begun work on an audit of a state law that requires the Missouri Department of Revenue to process personal income tax returns and send out refunds within 45 days of filing. If refunds haven't been paid within 45 days, the state must pay them with interest.
The online account summary will update each morning and is available at auditor.mo.gov/StateDailySpending.