MO SJR11

Establishes a consolidated "Budget Reserve Fund" in the state treasury by merging the cash operating reserve fund and budget stabilization fund.

Allows the commissioner of administration to transfer funds from the budget reserve fund to cover state cash requirements without legislative action, with transfers limited to May 15th of each fiscal year.

Changes the repayment period for budget stabilization appropriations from three fiscal years to five fiscal years, with one-fifth of the amount repaid annually plus interest, and eliminates repayment requirements for the first fiscal year after a transfer.

Maintains fund balance targets at 7.5% of net general revenue collections as a minimum, with excess balances above 10% automatically transferred to the general revenue fund.

Requires automatic transfers from the general revenue fund to the budget reserve fund if the year-end balance falls below 7.5% of net general revenue collections.