UM Legislative Update

UM Legislative Update

 
Governor releases funding restrictions

Governor releases funding restrictions

Governor Jay Nixon announced on September 12 that he would release $215 million of the funds he restricted for the current fiscal year. The expenditure restrictions were imposed due to a planned veto override attempt on HB 253, which reduced various taxes. The override was not successful, which allowed the Governor to release a portion of the funds. Included in the total is $33.7 million in funding for public institutions of higher education. The University of Missouri System is slated to receive $16.7 million of that amount including $1 million for the large animal veterinary medicine program at MU. The $10 million awarded to the MU School of Medicine to partner with Mercy and CoxHealth in Springfield was also released. Finally, UM-Related appropriations, such as the Missouri Kidney program and State Historical Society will receive the small amounts restricted from their respective budgets. Download the list of all restrictions and the amounts released.

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