A study by the Pew Charitable Trusts shows that Missouri is in the top ten states when it comes to using cost-benefit analysis of taxpayer money.
Cost-benefit programs analyze the cost of public programs and the benefits they provide taxpayers. In short, it’s the study of how much bang taxpayers are getting for their buck. And it can be a very effective tool when drafting new laws or policy.
Missouri’s final tab for the Joplin tornado and the 2011 flooding has proven to be much smaller than what Gov. Jay Nixon anticipated.
Figures provided to The Associated Press by Nixon's budget office show that the state's share for the disasters is a little more than $36 million. That's only a quarter of the $150 million that Nixon set aside in the budget in 2011.
Missouri House and Senate budget negotiators have crafted a final version of next year's state budget.
The nearly $25 billion spending plan includes a $66 million increase for K-12 schools, and a $25 million hike for state universities and community colleges. It still does not include the Medicaid expansion proposed by Governor Jay Nixon (D), which disappointed committee member and State Senator Kiki Curls (D, Kansas City).
The Missouri House will begin debate Tuesday on the 13 bills that make up next year’s state budget.
The three bills that encompass the state’s Medicaid program don’t include Governor Jay Nixon’s (D) proposed expansion, although House Democrats may try to offer amendments to change that. Budget chairman Rick Stream (R, Kirkwood) says the state should have more of a say in how Medicaid dollars are handled.
Officials at the Missouri Lottery have no strategy to generate an additional $35 million that legislative budget writers and Gov. Jay Nixon's administration had hoped would help avoid cuts to government services.
Governor Jay Nixon’s withholdings announced Friday are expected to be felt by Missouri’s higher-education institutions. Nixon announced the removal of $9 million from the budgets of Missouri’s public colleges and universities, effective July 1st. It’s part of $15 million withheld from a budget Nixon says is $50 million out of balance.