Mo. Lawmakers Propose Plan for Fulton Hospital

5 years 7 months 3 weeks ago Monday, February 24 2014 Feb 24, 2014 Monday, February 24, 2014 6:50:03 PM CST February 24, 2014 in News
By: The Associated Press

JEFFERSON CITY, Mo. (AP) - Missouri House members are offering a proposal to pay for a new facility on the Fulton State Hospital campus.

Budget Committee Chairman Rick Stream said Monday the plan calls for issuing bonds and paying them off over five years. Stream, a Republican, says the payments would cost about $47 million per year.

The Fulton State Hospital is Missouri's only maximum-security psychiatric facility and the oldest public mental health facility west of the Mississippi River.

Gov. Jay Nixon has proposed issuing bonds through a state development board and paying them off through annual legislative appropriations. Lawmakers said Monday their proposal would save money by paying off the debt more quickly.

A Nixon spokesman says the governor's office applauds Stream for working on a plan to address the hospital.

 

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