Nixon releases funds to improve Missouri river ports
JEFFERSON CITY - Gov. Jay Nixon released $3 million for Missouri's river ports Friday.
Nixon released these funds after Sen. Paul Wieland, R-Imperial, sent a letter last month requesting the release of funds for infrastructure improvement to Missouri river ports. Eight other senators signed the letter.
"Today Gov. Jay Nixon has shown real leadership in releasing these funds and clearing the way for our ports to bring much-needed jobs and economic activity to the Show-Me State," Wieland said Tuesday.
Nixon withheld the funds last year when revenue collections fell below the estimate but released the funds now that revenue has picked back up.
According to the Missouri Department of Economic Development, in 2008, Missouri river exports generated $2.5 billion in net economic income.
"With revenue for transportation construction projected to dip to 325 million dollars in 2017 and beyond, we have to think of everything we can do as a State to maintain our vital infrastructure, including river ports," Wieland said.