JEFFERSON CITY, Mo. (AP) — Gov. Jay Nixon has cut funding for Missouri’s higher education institutions for a third straight year.
Nixon announced the cuts Friday while signing into law Missouri’s $24 billion budget for the fiscal year that starts July 1. He cited concerns about state revenues, including whether the Missouri Lottery can generate enough money to meet expectations set in the budget.
The governor said he was withholding nearly $9 million from public colleges and universities for the 2013 budget year. Higher education institutions also received budget cuts during the 2012 and 2011 fiscal years.
Nixon did not cut basic aid to Missouri’s public elementary and secondary schools. They will get a $5 million increase to their $3 billion core budget.
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