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Missouri Budget

FY 2023 Budget Overview: Lawmakers Leverage Federal Funding to Invest in Critical Services & Infrastructure

This paper reflects the fiscal year 2023 budget approved by the General Assembly in May 2022. Click here for an updated version that reflects the vetoes Governor Parson made in June 2022.
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FY 2023 Budget Overview: Federal Funding Bolsters State Investments in Critical Services & Infrastructure

The following was updated in July 2022 to include Governor Parson’s vetoes. Click here to see the original version that summarizes the FY 2023 budget as passed by the General Assembly. Overview In May, Missouri legislators approved funding to provide critical public
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Economic Recovery Rebates Should Include All Missourians

A Missouri House proposal to provide economic recovery payments to Missourians intended to help families meet the rising cost of inflation would leave out one-third of Missouri taxpayers, including families earning low wages and seniors who rely on Social Security income. By
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Summary of House-Passed ARPA Spending Bill

The Missouri House approved its version of the state budget bills this week, including a plan for spending the $2.68 billion in state aid provided through the federal American Rescue Plan (ARPA). Missouri policymakers must obligate these funds by the end of 2024 and spent them by
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Federal COVID Relief is Driving the State’s Economy and Budget “Surplus”

Missouri ended calendar year 2021 with $11.2 billion in the bank – an extraordinary amount. Although much of the balance is federal funding or earmarked state funds, $2.8 billion of the total was state general revenue. By comparison, that amount was nearly six times the
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Targeted Investments of American Rescue Plan Funding Can Build a Stronger Missouri for Generations to Come

Every Missourian deserves the opportunity to thrive, with quality housing they can afford, a job that lets them provide for their families, and a strong community that offers access to a 21st century education and quality health care and recreational facilities – all the
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Failure to Renew Medicaid Provider Taxes Would Be Devastating for Missourians

Failure to renew the state’s Medicaid provider taxes would not only cost Missouri the funding associated with those taxes and their corresponding federal Medicaid match, but could also put up to $5.7 billion in additional federal dollars from the American Rescue Plan at risk.
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Medicaid Expansion Saves State General Revenue in FY 2022

Savings & Revenue Growth Increase Over Time States that were early adopters of Medicaid expansion have demonstrated the state budget savings and increased revenue that can result from expanding Medicaid eligibility. While Governor Parson’s budget proposal for Fiscal Year 2022
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Everything You Ever Wanted to Know About Missouri’s State Budget

The state budget is more than just a spreadsheet. Every number represents an investment in our kids, our parents & grandparents, and our neighbors. The budget impacts ALL of us, EACH day. Through public services, like education, public health and safety, and transportation,
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Budget Basics: Early Childhood

This primer is intended to serve as a guide for Missourians who care about child care & early childhood education programs, and increase the transparency of the budget by providing information on where key programs can be found in the budget bills. View the 2021 Version View
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