Nixon Cutting Education Funding
ST LOUIS (AP) - Missouri Gov. Jay Nixon has cut $172 million from Missouri's budget, including state aid for public schools and universities.
The cuts announced Friday include an $8 million reduction in state busing aid to public school districts, nearly $17 million in basic aid to colleges and universities and $3 million in college scholarships.
The total also includes $100 million in continued cuts to college building projects funded with money from Missouri's student loan authority. Those projects already have been on hold for a couple years.
The cuts include $57 million from the state's general revenues -- an amount that roughly equals the $50 million of disaster aid Nixon has committed for flooding in southeast Missouri and the deadly tornado that hit Joplin.