Governor Nixon Proposes Increases to Education Funding
Click the image above for the full Formula Projections Report (PDF)
On January 21, 2014, Governor Jay Nixon gave his State of the State address to a joint gathering of the Missouri Legislature. The address included calls to increase funding for public K-12 education in Fiscal Year 2015.
Under the Governor's proposed budget an additional $278 million is appropriated to the Foundation Formula for Missouri's public schools. The Foundation Formula had a more than $620 million shortfall after the Fiscal Year 2014 appropriations process.
The Governor's proposed budget is just the first step in the appropriations process. Next the Missouri House will craft and pass a proposed budget which will then be sent to the Missouri Senate for their consideration. Both bodies must agree on a final budget for FY2015 by May 9, 2014. You can learn more about the legislative process in Missouri here.
You can read a projection of what each individual school district would receive if the budget were to pass as proposed here.
Other headlines from the State of the State include:
Nixon Spells Out Plan to Boost Preschool Funding
Governor, Legislature Already Split on Budget
Video of the State of the State Address
Posted on Thu, January 23, 2014
by MOParent filed under