5:13 pm
Fri June 14, 2013

UM Curators approve 2014 budget, announce plans for Deaton institute

Credit Kristofor Husted / KBIA

The University of Missouri System Board of Curators approved its 2014 budget Friday. UM System President Tim Wolfe says the budget identifies strategic areas for funding to help strengthen the university brand.

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4:20 pm
Wed May 8, 2013

Nixon denounces partial funding of license agency

File Photo KBIA

Democratic Governor Jay Nixon on Wednesday warned Republican lawmakers that he’ll lay off state workers if full funding isn’t restored to the budget for the Missouri Department of Revenue’s Motor Vehicles division.

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4:33 pm
Wed January 9, 2013

Mo. finances to take hit from higher federal tax

Federal Social Security payroll taxes increased by 2 percent.
Credit Andrew Magill / Flickr

Missouri's finances could take a $60 million annual hit because of a recent 2 percentage point increase in federal Social Security payroll taxes.

State budget director Linda Luebbering says the lost revenues resulting from the federal Social Security tax already had been taken into consideration for budget projections. She says the reduced revenue should not come as a surprise to state officials.

The Social Security tax reverted to 6.2 percent this month after the expiration of a 2 percentage point cut that had been in place for a couple of years.

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5:24 pm
Thu December 6, 2012

Possible budget cuts could affect public schools

KBIA file photo

The Missouri National Education Association is warning of the fallout for public schools if congress does not act to avoid the so called fiscal cliff.   

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3:29 pm
Thu November 1, 2012

Budgeters in Cole County face budget gap

selbstfotografiert Wikimedia Common

An underestimate of salaries from Cole County’s Emergency Medical Services department has a left a 72-thousand dollar gap in the budget, forcing the county to dig into its reserves.

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5:38 pm
Thu September 13, 2012

MU Extension applies new strategies to better focus programs

Darren Hellwege KBIA

MU Extension is implementing a new staffing model and budget structure that would give programs a more geographic focus. 

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7:23 pm
Tue July 24, 2012

City Manager presents 2013 budget proposal

Columbia City Manager Mike Matthes said the budget brings the city closer to closing its budget gap.
Janet Saidi KBIA

Columbia City Manager Mike Matthes is asking council members to consider his recommended budget for the 2013 fiscal year. He says the proposal comes closer to balancing the city’s budget gap by 2014.

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8:59 am
Thu July 5, 2012

Mo. expects to save $44M through debt refinancing

Lawmakers and the Governor want to refinance $500 million in bonds.
Jacob Fenston KBIA

Missouri expects to save about $44 million this year by refinancing some of its debt at lower interest rates.

Two separate boards of state officials gave preliminary authorization this week to the bond refinancing.

That action had been anticipated for some time. Gov. Jay Nixon had proposed to refinance more than $500 million of bonds as part of the budget plan he outlined in January. Lawmakers also had calculated the savings into the budget for the 2013 fiscal year that began this past Sunday.

5:15 pm
Wed July 4, 2012

Kirksville R-3 approves budget

Kirksville Tigers

The Kirksville R-3 School board has approved its budget for the next school year. The district expects to see a reduction in state and federal funding by almost $800,000.

Despite the cut in federal funding, the district doesn’t expected to make any drastic cuts. Superintendent Pat Williams says the district had actually expected the subsidy reduction and had already started taking steps to provide cushion for the next school year.

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5:13 pm
Tue July 3, 2012

Mo. ends fiscal year with higher than expected revenues

David Shane Flickr

Missouri closed out its 2012 fiscal year with slightly better than expected revenues. But that doesn't necessarily translate to a budget surplus.

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AM Newscasts
8:27 am
Thu May 10, 2012

Newscast for May 10, 2012

Regional news coverage from the KBIA News room, including:

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PM Newscasts
5:39 pm
Mon May 7, 2012

Newscast for May 7, 2012

Regional news coverage from the KBIA Newsroom, including:

  • Missouri lawmakers negotiate the final version of the state budget.


  • A petition to raise the minimum wage in Missouri has reached the secretary of state.


  • A Missouri House committee backs legislation that would change restrictions on who may ride with permit drivers.



8:58 am
Wed May 2, 2012

Mo. senators continue budget negotiations

Mo. senators are deciding which aspects of their 2013 state budget they should "bind" to before negotiations with House begin.

The Missouri Senate took the next step Tuesday toward beginning final negotiations with the House on next year’s state budget.  Senate members struggled with whether to bind themselves to various positions they support.

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5:54 pm
Mon April 30, 2012

Nixon urges lawmakers pass several key budget items

With three weeks left in the legislative session, Governor Jay Nixon is urging lawmakers to fund

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9:31 am
Mon April 30, 2012

Mo. GOP senators win concessions, but state budget still faces shortfall

Conservative Mo. senators gained dozens of concessions, but the 2013 budget still has a $4 million shortfall.

Nine conservative Republican senators who held up debate on Missouri's budget plan had claimed it spent too much, relied too heavily on one-time revenue sources and needed a structural overhaul.

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