Missouri State Budget News


The Missouri Senate will be working this week toward putting together the state’s next budget.  The Senate Appropriations Committee will hold hearing starting today on a $26-billion dollar budget for the fiscal year that starts in July.  As passed last month by the house, the budget includes a two-tiered funding plan for public school districts and higher education institutions.  Schools for example, would get a minimum of $122-million dollars over their current $3-billion dollars of basic aid.  However, if revenues come in higher than expected schools could get the full $278-million dollar increase originally sought by Governor Nixon.  A final budget is expected in May.

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