Parson cuts another $2.4 million from budget as fiscal year nears end

Gov. Mike Parson slashed another $2.4 million in spending because of the economic impacts of the coronavirus, the St. Louis Post-Dispatch reports.

Net general revenue collections are down 7.4% so far this fiscal year, which ends on June 30.

Parson said the reductions were coming out of the budgets of the Missouri Legislature and all statewide offices, including his own.

Total cuts now total $430 million, with much of that coming out of higher education and public schools. Parson targeted additional cuts in higher education for next year, causing universities and community colleges to raise tuition.

The state has spent more than $595 million out of $2.38 billion in emergency aid on items such as hand sanitizer, medical masks and financial aid to counties.


Tags:, ,

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students

Learn more