Nixon Reverses $8.5M in Cuts to Higher Education

JEFFERSON CITY, Mo. (AP) — Gov. Jay Nixon has reversed an $8.5 million cut to public colleges and universities because of improving state revenues.

Nixon announced Monday that he is releasing the money to be distributed to higher education institutions. He also released several hundred thousand dollars that had been withheld from foster care programs, child-care subsidies and the State Historical Society of Missouri.

The governor had placed spending restrictions on about $15 million of items in the state’s $24 billion operating budget when he signed it last June.

After Monday’s decisions, Nixon still has a block on nearly $6 million of spending. The governor says he’s waiting to see if tax revenues continue to improve before making a decision on those other items.

Revenues are up 9.5 percent so far this fiscal year.

© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS St. Louis

Live Inspired
KMOX Podcasts

Listen Live