Missouri Senate Backs Education Funding Increase

4 years 2 months 3 weeks ago Monday, April 28 2014 Apr 28, 2014 Monday, April 28, 2014 6:04:25 PM CDT April 28, 2014 in News
By: The Associated Press

JEFFERSON CITY, Mo. (AP) - The Missouri Senate has endorsed a budget plan that ensures a funding increase for public education but will require negotiations with the House to hammer out the final specifics.

The plan passed Monday by the Senate would add $115 million to Missouri's $3.1 billion in basic aid to public schools. That's a little bit less than the House version. But both chambers would allow schools to get up to a $278 million increase if revenues meet Gov. Jay Nixon's more optimistic projections.

The Senate plan would provide a 5 percent increase to colleges and universities. The House budget proposed a 3 percent increase for higher education, with part of that dependent upon Nixon's higher revenue forecasts.

Legislators have until May 9 to pass a final version of the budget.

 

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