Nixon releases funds for student transportation and scholarships
JEFFERSON CITY (AP) - Missouri Gov. Jay Nixon says continued revenue growth means he can release an additional $67 million he initially restricted for this year's budget.
The money released Wednesday includes $10 million in transportation aid for local school districts, $15 million for college scholarships and millions more in matching funds for building projects at public universities.
Nixon had restricted the money last summer to keep the budget balanced but he says state revenues now are sufficient to spend it.
Revenues have grown 7.7 percent this fiscal year, which runs through June 30.
But that's still short of what Nixon's administration says is needed to fully fund the budget. So he is continuing to block the expenditure of $269 million in the budget.
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