Wednesday, August 27th, 2025
Good morning, Jefferson City. Here's your local news at a glance for Wednesday, the 27th of August.
FINANCE NEWS
- ➤ Missouri’s Department of Revenue announced that the state is the first to fully exempt capital gains tax for individuals with bill HB 594, which deducts 100% of gains from income on investments like stocks, real estate, and cryptocurrency—preparing adjustments for next tax season. Governor Mike Kehoe signed the legislation, and corporations will receive a similar benefit when their deduction takes effect next year if the tax rate drops to 4.5%. KRCG-TV
GOVERNMENT NEWS
- ➤ The Cole County Commission voted Tuesday to send to voters a measure that would impose a 10-year sunset on the capital improvement sales tax—voters will decide on its future in April next year. Jefferson City News Tribune
- ➤ A Cole County judge heard motions on Tuesday morning to adjust Ryan Ferguson’s award from Travelers Insurance after a jury sided with Ferguson and six former detectives in November. Attorney Michael Berry argued that adding 129 days’ interest would raise the current $43.8 million judgment by $1.3 million and Judge Cotton Walker will rule by Oct. 16 — parties will then have 30 days to file an appeal. ABC 17
- ➤ The City of Jefferson shared a behind-the-scenes look at the Jefferson City Memorial Airport and said the foundation for a new air traffic control tower is underway to replace a temporary 1973 structure. Wall construction will begin in coming weeks using $6.4 million from former Congressman Blaine Luetkemeyer, a $1.3 million FAA grant — and support from the Missouri Department of Transportation. KRCG-TV
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Lincoln Blue Tigers vs. Lincoln University Lions Football Game
6:30-8 p.m. — Dwight T. Reed Stadium — Free entry — Cheer for local teams in this exciting college football matchup.
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Show Me State Air Show
9 AM – 2 PM — Jefferson City Airport — Check the schedule for ticket prices — A thrilling weekend showcasing military and civilian aviation to honor veterans.
No new real estate listings today. You can submit one here.
No new job posts today. You can submit one here.
No new community announcements today. You can submit one here.
TODAY'S FOOD FOR THOUGHT
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