Parson signs $30 billion Missouri budget

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Gov. Mike Parson

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JEFFERSON CITY, Mo. (AP) – Missouri Gov. Mike Parson has signed a roughly $30 billion budget outlining state spending for the next year.

Parson on Monday approved the package of budget bills for the fiscal year that begins in July.

The budget includes $61 million more in core K-12 public school funding compared to this year. That meets the funding goals outlined in state law.

Colleges and universities are each set to get at least $1 million more in funding.

The spending plan also includes $50 million in un-earmarked general revenue on bridge repairs next fiscal year, plus another $50 million for a local cost-share program.

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