House and Senate members have sent the remainder of the bills that make up Missouri’s state budget to Gov. Jay Nixon, including a a $220 million capital improvements bill and a 1 percent pay raise for state employees. The roughly $26.4 billion spending plan increases higher education spending by 5 percent and adds $114.8 million for K-12 schools.
Democrats continued to lament the fact that their Republican colleagues still refuse to expand Medicaid eligibility.
Legislators based their spending proposal on a projection revenue in the fiscal year that begins July 1 would grow by 4.2 percent. Nixon’s administration projected growth at 5.2 percent in the budget proposal he presented the legislature in January. Because of that disagreement the legislature proposes drawing money for some state programs and services out of a new surplus revenue fund, where money that comes in beyond its revenue projection would go.