JEFFERSON CITY, Mo. (AP) – Missouri senators will be taking their turn this week at putting together the state’s next budget.
The Senate Appropriations Committee is to begin hearings Monday on a roughly $26 billion budget for the fiscal year that starts in July.
As passed last month by the House, the budget includes a two-tiered funding plan for public school districts and higher education institutions.
Schools, for example, would get a minimum increase of $122 million over their current $3 billion of basic aid. But if revenues come in stronger than lawmakers expect, schools could get the full $278 million increase originally sought by Gov. Jay Nixon.
Senators typically change the House budget plan. Negotiators from the two chambers then work out their differences to produce a final budget by early May.
© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.
MORE POLITICS NEWS:
- Automatic Voter Registration Plan Gets House OK
- Illinois Lawmakers Pass Measure Eliminating Pink Tax
- Illinois Poised to Enter a 2nd Year Without a Budget
- St. Louis Prescription Drug Database Signed Into Law
- Sen. McCaskill Pushes to Help Veterans Exposed to Mustard Gas
- Illinois Governor Wants Temporary Budget Fix Amid Stalemate