EPISODE · Feb 12, 2026 · 38 MIN
Season 2, Episode 1 - The report on the state's General Revenue Fund and a cautionary tale of excessive deficit spending
from The World's Greatest Audit Podcast · host Missouri State Auditor Scott Fitzpatrick
Send us Fan MailEpisode 1 of Season 2 discusses the report released by Auditor Fitzpatrick that urged lawmakers to take immediate action to curb the trend of deficit spending before the state's General Revenue Fund is drained to critically low levels and drastic, emergency budget cuts become necessary. The report on the state's spending trends shows how Missouri's General Revenue Fund balance, which had climbed to nearly $6 billion at the end of Fiscal Year 2023, has been rapidly depleted by deficit spending over the last two years which, if continued, will fully consume the fund's balance by Fiscal Year 2028 based on the current Consensus Revenue Estimate (CRE) projections, or by Fiscal Year 2027 based on recession level projections.
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Season 2, Episode 1 - The report on the state's General Revenue Fund and a cautionary tale of excessive deficit spending
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