Missouri Sustained Profit Growth Plan

State:
Multi-State
Control #:
US-CC-20-160H
Format:
Word; 
Rich Text
Instant download

Description

20-160H 20-160H . . . Sustained Profit Growth Plan under which (a) each officer of the level of Senior vice President and above receives a contingent cash award equal to a specified percentage of his or her annual base salary and (b) actual awards are determined by measuring the corporation's performance of previously selected business measures and attainment of specific objective numeric goals relating to those measures over a three year performance period. The measures may include return on average or year-end equity, return on average or year-end assets, earnings per share, growth in earnings per share, increase in the corporation's common stock price, total return to stockholders, growth in net income per employee, growth in non-interest income, control of net overhead expense, control of non-performing loans, capital adequacy, and adequacy of loan loss reserves
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FAQ

Missouri only has $21.6 billion of assets available to pay bills totaling $22.9 billion. Because Missouri doesn't have enough money to pay its bills, it has a -$1.3 billion financial hole. To fill it, each Missouri taxpayer would have to send -$700 to the state.

Why Is Missouri Called the "Show-Me" State? There are a number of stories and legends behind Missouri's sobriquet "Show-Me" state. The slogan is not official, but is common throughout the state and is used on Missouri license plates.

Under the American Rescue Plan, Missouri will receive $2.7 billion in direct state fiscal aid and $2 billion in local government aid from the federal government. As of January 2022, Missouri had not yet reported how it plans to spend its state ARP funds.

Ing to estimates from the U.S. Bureau of Economic Analysis, in 2021, Missouri ranked 22nd nationally in GSP at $295.73 billion in inflation-adjusted dollars, a 4.6 percent increase from 2020 to 2021. Nationally inflation-adjusted GDP increased 5.7 percent over the same period.

Agriculture is the number one industry in the state of Missouri with farmland accounting for 66% of the state's total land use. Buildings take up a significant amount of Missouri land with some large cities composed of thousands of commercial and industrial buildings.

The major source of revenue for the state of Missouri is the individual income tax. For local government the major source of revenue is the property tax, but this varies by type of local government.

U.S. state and local government outstanding debt 2021, by state. In 2021, the federal state of California had about 541.24 billion U.S. dollars of debt outstanding, the most out of any state. New York, Texas, Illinois, and Florida rounded out the top five states with the most debt outstanding in 2021.

Education accounted for 27.7 percent of state expenditures in fiscal year 2015, while 36.1 percent went to Medicaid.

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Missouri Sustained Profit Growth Plan