Missouri budget

Mo. State budget
3:59 pm
Wed March 21, 2012

Crowell threatens to derail state budget approval over one-time monies

Mo. Senator Jason Crowell (R, Cape Girardeau)
(Harrison Sweazea/Mo. Senate)

One day after the Missouri House gave first-round approval to the state budget, a state Senator is threatening to derail the entire budget process.

Jason Crowell (R, Cape Girardeau) is objecting to the use of one-time sources of money to plug holes in the FY2013 budget.  He singled out both Democratic Governor Jay Nixon and House GOP leaders for plans to divert $40 million from a federal mortgage settlement to the state’s Higher Education budget.

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Missouri Budget
7:17 am
Wed March 21, 2012

Mo. House endorses Budget

Missouri State Capitol dome
Flickr/david_shane

Missouri’s state budget for next year has received first-round approval by the State House. 

As promised, Republican leaders defunded a program that aids blind Missourians and used the money to erase Governor Jay Nixon’s proposed cuts to Higher Education. 

House Budget Chairman Ryan Silvey told the chamber he’s no longer willing to cut money from Missouri’s universities and community colleges:

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Mo. State budget
3:50 pm
Tue March 20, 2012

Mo. House debating FY2013 state budget

Mo. House chamber
(Marshall Griffin/St. Louis Public Radio)

The Missouri House is debating all 13 bills this afternoon that make up the state’s proposed budget for next year.

Lawmakers are offering up several amendments to the budget – one in particular would have shifted $150,000 from the state’s biodiesel fund to Alzheimer’s patients.  It was sponsored by State Rep. Tracy McCreery (I, Olivette).

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Morning round-up
9:47 am
Tue March 20, 2012

Morning headlines: Tuesday, March 20, 2012

East St. Louis Mayor Alvin Parks Jr., third from left, with city personnel.
Joseph Leahy, SLPR news

East St. Louis lays off more employees

A tight budget has forced East St. Louis to lay off seven more employees, leaving the city's police officers without a support staff.  

The Belleville News-Democrat reports that the latest layoffs include Police Chief Michael Floore's secretary, the department's director of community programs and a records room employee responsible for logging all of the city's tows.

The city also cut employees in the mayor's office, the city clerk's office and the city treasurer's office.

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MO Statehouse
4:29 pm
Wed March 7, 2012

Cuts to public colleges reversed, aid for blind sharply trimmed in panel-approved spending plan

The chambers of the Missouri House of Representatives.
(UPI/Bill Greenblatt)

Budget writers in the Missouri House have approved their version of the 13 bills that make up the state’s budget for next year.

Committee members eliminated $28 million for a program that aids the blind, but then put $6 million back into it from another source.  Ryan Silvey (R, Kansas City) chairs the Budget Committee.

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Morning round-up
9:29 am
Tue March 6, 2012

Morning headlines: Tuesday, March 6, 2012

The dome shines brightly on the Missouri State Capitol as the sun begins to set in Jefferson City, Missouri on March 22, 2011.
UPI/Bill Greenblatt

House budget writers finish reviews of Missouri's proposed spending plan for next year

Members of the budget committee now have until 4 p.m today to offer amendments, which will be debated and voted on Wednesday.   

Republican Ryan Silvey of Kansas City chairs the House Budget Committee:

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Missouri State Budget
1:10 pm
Wed February 29, 2012

Mo. Gov. releases additional education funding

A sign posted outside the office door of Mo. House Budget Chairman Ryan Silvey (R, Kansas City).
(Marshall Griffin/St. Louis Public Radio)

Governor Jay Nixon (D) has released an additional $5 million withheld from this year’s K-12 and Higher Education budgets.

The Nixon Administration says $3 million of the withheld funding will help keep school buses on the road, while just over $2 million will go toward universities and community colleges.  Budget Director Linda Luebbering says the move was made because state lottery sales have been better than expected.

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Higher Education / Missouri Budget
5:06 pm
Tue February 7, 2012

Nixon restores $40 million to higher ed. with 2013 budget amendment

Mo. Gov. Jay Nixon.
(UPI/Bill Greenblatt)

In the wake of a possible approximately 12.5 percent cut in higher education funding for fiscal year 2013, and ongoing discussion of tuition hikes and job cuts across the University of Missouri system in response, Missouri Governor Jay Nixon has announced an a

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Morning Round-up
8:49 am
Fri February 3, 2012

Morning headlines: Friday, February 3, 2012

Mo. revenues are lower than what is needed to balance the state budget.
(via flickr/yomanimus)

Mo. revenues behind amount needed for budget

Missouri's revenues continue to be behind what is needed to balance the budget. January's figures show that net state revenues grew two percent over the same month last year.

The fiscal year began in July. For the first seven months of the 2012 fiscal year, Missouri's general revenues were up 1.3 percent. That is almost half the 2.7 percent growth rate that the governor's budget office says is needed to meet the budget.

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Missouri State Budget
2:18 pm
Mon January 23, 2012

Mo. plans to refinance more than $500M in debt

(via Flickr/yomanimus)

Missouri is planning to refinance more than $500 million of debt as part of Gov. Jay Nixon's plan to balance the state budget.

Nixon's budget proposal for the next fiscal year assumes the state will save $41 million from the debt restructuring.

The governor's budget office says the state already has refinanced $20 million of principal from the debt used to build Mizzou Arena at the University of Missouri-Columbia.

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