A new spending plan for K-12 education in Missouri is now law.
Gov. Jay Nixon signed the education budget last night at a Kansas City-area Boys State event.
The budget includes record funding for public schools, but remains below the levels called for in the state's education funding formula. A fix was supposed to be a priority for lawmakers in the last legislative session, but the Republican Party couldn't agree on a solution.
Missouri's 7.4 percent jobless rate is the lowest it's been in more than three years - but that's bad news for about 9,000 of the state's 112,000 people receiving unemployment benefits.
State lawmakers last year outlasted a determined filibuster by Republican Senator Jim Lembke to approve an additional 20 weeks in benefits - funded entirely by the federal government - for Missouri residents who had been out of work for 79 weeks, or more than a year and a half.
The state of Missouri has stayed within a constitutional revenue limit for the 12th budget year in a row.
State auditor Tom Schweich released the yearly report on the Hancock amendment today. That amendment, passed in 1980, uses a mathematical formula to set a limit on the amount of personal income that can be used to fund the operations of state government. Any amount above that limit must be refunded to Missouri residents.