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News Brief

April 29, 2014JEFFERSON CITY, Mo.  |  By: Associated Press

Missouri Budget

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-dollar 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, 2014 to pass a final version of the budget.