Tag Archives: foundation formula

BudgetSpeaker

House approves state’s $27 billion budget, Senate approval to come

House approves state’s $27 billion budget, Senate approval to come

JEFFERSON CITY, Mo. – The Missouri House has officially fulfilled their duties in signing off on the state’s spending plan for the next fiscal year. Less than 48 hours after perfecting the state’s budget, the House pushed forward in their one mission mandated by the state constitution, third reading and passing all thirteen appropriations bills

House Budget Committee (Photo courtesy of Tim Bommel, Missouri House Communications)

8 changes to note in the House budget

JEFFERSON CITY, Mo. – As the Missouri House prepares to take up the House Budget Committee’s work this week, we take a look at a number of things in the budget that are noteworthy for a variety of reasons. We start with number one: the education foundation formula. 1. Fully funding the education foundation formula

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Nixon vetoes bill in clash over elementary and secondary education funding

JEFFERSON CITY, Mo. – Gov. Jay Nixon announced Wednesday he would veto legislation that would redefine the parameters to fully fund the foundation formula. The Missouri Department of Elementary and Secondary Education projects that SB 586, sponsored by Sen. Jay Wasson, R-Springfield, would lower the amount of money needed to fully fund the formula by

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Budget clears House and Senate

JEFFERSON CITY, Mo. – After final passage by the House and Senate on Thursday afternoon, the FY 2017 budget will head to Gov. Jay Nixon for his final review. The $27.2 billion budget includes funds for education, public safety, infrastructure and pro-life programs, among other items. Nixon said that while he was glad the budget

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Education funding bill passes House over Nixon, Democratic opposition

JEFFERSON CITY, Mo. – The House debated and passed two education bills, SBs 586 and 651, Tuesday morning that some Democrats argued lower the ability to fully fund schools, while Republican supporters said it would make funding goals more achievable. Republicans, including the bill’s handler Rep. David Wood, R-Versailles, said it was necessary to put

Nixon

Nixon calls for a stop to SB 586, says it cuts foundation formula

COLUMBIA, Mo. – Gov. Jay Nixon criticized SB 586, currently in the House, which he said would harm public education in the state by cutting the foundation formula. “As Governor, I’ve increased the amount we’re investing annually in the formula by $400 million, and with our economy moving forward and revenues up, now is not

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Democrats make intentions for 2016 session known

JEFFERSON CITY, Mo. – After both chambers of the General Assembly ended their introductory measures, the minority caucus leaders of the House and Senate, Rep. Jacob Hummel, D-St. Louis, and Sen. Joe Keaveny, D-St. Louis, respectively, held a joint press conference with their Democratic colleagues standing behind them to state their intentions for the 2016 session.

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Senate passes tax cut, Governor vows to veto

JEFFERSON CITY, Mo. – The Missouri Senate passed a tax cut bill, SB 509, on Tuesday morning, 23-9, despite statements from Gov. Jay Nixon that the measure would be vetoed. The vote was along partisan lines with universal Republican support. SB 509, as currently constituted, provides a 0.5 percent tax cut for every $150 million

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Missouri Budget Project releases analysis of school funding

JEFFERSON CITY, Mo. — The Missouri Budget Project released a unique analysis of school funding today, breaking down revenue allocation on a district-by-district basis and showing a severe lack of funds in some parts of the state. Amy Blouin, executive director of the MBP, a typically left-leaning group, says the analysis is meant to give

The Senate chamber

Republican lawmakers battle on key tax cut bill

JEFFERSON CITY, Mo – A saying that is often bandied about the Capitol is “don’t let perfect be the enemy of the good”. However, the opposite is also true – a bill can become so bloated with compromise that it is unrecognizable to its original supporters. This is the way Sen. Eric Schmitt, R-St. Louis,

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