Earlier this month, the Missouri General Assembly gave final approval to the state’s fiscal year 2015 (FY
2015) budget. While the $26.4 billion total funding included in the budget amounts to about a 3.4 percent
increase compared to the previous year, these investments may be in jeopardy as a result of sharply
decreased state revenue in the current year and a series of special interest tax breaks that will reduce state revenue. As a result, mid-year FY 2015 budget reductions or gubernatorial spending vetoes are likely….
To read the complete article click here.