Missouri state spending http://news.stlpublicradio.org en Missouri uses $100M from budget reserve fund http://news.stlpublicradio.org/post/missouri-uses-100m-budget-reserve-fund-0 <p>Missouri is tapping a state budget&nbsp;reserve fund for cash flow purposes.</p><p>The state Office of Administration said Tuesday that $100&nbsp;million was borrowed from the reserve fund in March.</p><p>It&#39;s the third time money has been used from the reserve in the&nbsp;budget year that began last July. The state used $75 million from&nbsp;the reserve in December and $150 million in February. All $325&nbsp;million borrowed from the fund is to be repaid by May 15.</p> Tue, 03 Apr 2012 18:56:35 +0000 The Associated Press 3419 at http://news.stlpublicradio.org Missouri uses $100M from budget reserve fund Mo. House panel endorses spending limit proposal http://news.stlpublicradio.org/post/mo-house-panel-endorses-spending-limit-proposal <p><a href="http://www.house.mo.gov/billsummary.aspx?bill=HJR43">A proposed constitutional amendment </a>that would cap the size of the state&rsquo;s budget has passed a Missouri House committee.</p><p>The measure would prevent lawmakers from increasing state spending more than the rate of inflation. They would also have to take population growth into&nbsp;account when writing the state budget.&nbsp; It&rsquo;s sponsored by&nbsp;<a href="http://www.house.mo.gov/member.aspx?district=136&amp;year=2012">State Representative&nbsp;Eric Burlison</a> (R,&nbsp;Springfield). Wed, 11 Jan 2012 21:22:37 +0000 Marshall Griffin & The Associated Press 2839 at http://news.stlpublicradio.org Mo. House panel endorses spending limit proposal