Mo. schools receive bump in state funding

May 7, 2013

Missouri public schools and universities will be getting a funding increase under an agreement by legislative budget negotiators.

Mo. House and Senate members decided to increase public education funding, pending certain performance criteria like graduation rates are on par.
Credit Andrew Magill / Flickr

A group of House and Senate members decided Tuesday to provide a $25 million funding increase to public colleges and universities based on whether they have met performance criteria such as student graduation rates. That's less than the $34 million increase sought by Gov. Jay Nixon but more than the House had approved earlier this year.

The budget also includes $10 million for the University of Missouri medical school to expand a residency program at the Cox Health system in Springfield.

Public school districts would get a $66 million increase to their $3 billion of core funding — the same amount Nixon recommended.