Local public schools to receive $9 million for Foundation Formula, transportation
JEFFERSON CITY, Mo. – Citing continued growth in Missouri’s economy, Gov. Jay Nixon today made $12.1 million available for the current fiscal year budget, including $9 million for local public schools. The State Budget Office said on Tuesday that net general revenue in Missouri had increased 5.8 percent for the month of September.
“Public education has always been a top priority for Missourians, and the continued solid growth of our economy is making it possible to put this funding into our schools,” Gov. Nixon said. “We continue to provide record funding for our classrooms, and I’m pleased to have this money go to our public schools.”
The expenditures made available today include $6 million for the Foundation Formula for K-12 public schools, as well as $3 million for school transportation.
In addition, the Governor released $400,000 for the University of Missouri-Kansas City Neighborhood Initiative. The initiative will continue to train and work with local leaders in Kansas City to revitalize 18 urban neighborhoods.
Gov. Nixon also is providing $1 million for Federally Qualified Health Centers (FQHCs) around the state to enable them to draw down increased federal funding. FQHCs are community-based organizations that provide comprehensive primary and preventive care, including medical, dental and behavioral health services.
Finally, the funding announced today will provide $1.7 million for the Sullivan County Lake Project to complete land acquisition and leverage significant federal funds and support for the project. The project has been strongly supported by the region’s local voters through sales tax and bond issues in order to ensure a reliable source of water for families and businesses in north-central Missouri.