JEFFERSON CITY, Mo. (AP) — Missouri Gov. Mike Parson has signed a roughly $30 billion budget outlining state spending for the next year.
Parson on Monday approved the package of budget bills for the fiscal year that begins in July.
We are proud of the General Assembly and their efforts with the FY 2020 budget protecting taxpayers’ hard-earned money. They have created a fiscally-responsible, balanced budget that will move Missouri forward.
Budget signed, zero line-item vetoes.
🔗https://t.co/DcOi7vpLHT pic.twitter.com/J7UZn450Un
— Governor Mike Parson (@GovParsonMO) June 10, 2019
The budget includes $61 million more in core K-12 public school funding compared to this year. That meets funding goals outlined in state law.
Colleges and universities are each set to get at least $1 million more in funding.
The spending plan also includes $50 million in un-earmarked general revenue on bridge repairs next fiscal year, plus another $50 million for a local cost-share program.