Mo. House Budget Proposes Two-Tier School Funding

5 years 1 week 6 days ago Wednesday, March 05 2014 Mar 5, 2014 Wednesday, March 05, 2014 12:20:00 PM CST March 05, 2014 in News
By: The Associated Press

JEFFERSON CITY (AP) - A new budget plan in the Missouri House would make millions of dollars for public schools and universities contingent upon a strong economy.

A proposal outlined Wednesday by House Budget Chairman Rick Stream would provide a $122 million increase in basic aid for public school districts. That's based on revenue projections agreed to by Republican House and Senate leaders.

Stream's budget would provide an additional $156 million funding increase for schools only if the state meets more optimistic revenue projections cited by Democratic Gov. Jay Nixon.

Stream's budget also provides a smaller increase than Nixon had proposed for the operating budgets of public colleges and universities. He instead proposes tens of millions of dollars for university construction projects, some

 

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