Gov. Nixon makes available $8.4 million for higher education for current fiscal year | Governor Jay Nixon

Gov. Nixon makes available $8.4 million for higher education for current fiscal year

February 4, 2013
Positive general revenue report the result of continued fiscal discipline and economic growth, Gov. Nixon says
Jefferson City, MO

Following the release of the state's January 2013 general revenue report, Gov. Jay Nixon today made available $8,476,559 for higher education institutions in Missouri for the current fiscal year, which runs through June.  The Governor also made available $100,000 for the Missouri State Historical Society, housed at the University of Missouri, and $480,000 to fund three programs for foster care and children in need. The funds were provided as a result of continued improvement in general revenue collections, which grew by 18.4 percent last month compared to the same period in 2012.

"As a result of our strong commitment to fiscal discipline, Missouri's perfect AAA credit rating is intact and our economy continues to gain momentum - adding more than 40,000 jobs last year," Gov. Nixon said. "Today's general revenue report reflects these positive trends and allows us to make this additional funding available for higher education institutions and other programs.  By making sure government lives within its means, we will continue to prepare students for 21st century careers and keep our economy moving forward."

The state's January 2013 general revenue report showed that fiscal year-to-date net general revenue collections increased 9.5 percent compared to 2012.  Net general revenue collections for January 2013 increased by 18.4 percent compared to those for January 2012.

A complete listing of the additional funding is included in the chart below.

Institution/Program

FY '13 Additional Funding

   

Crowder College

44,444

East Central College

50,353

Jefferson College

73,870

Metropolitan Community College

306,245

Mineral Area College

48,456

Moberly Area Community College

49,593

North Central Missouri College

24,052

Ozarks Technical Community College

100,852

St. Charles Community College

75,459

St. Louis Community College

440,354

State Fair Community College

51,436

Three Rivers Community College

43,039

Community College Subtotal

1,308,153

   

Linn State Technical College

46,168

   

University of Central Missouri

526,110

Southeast Missouri State University

428,861

Missouri State University

793,429

Lincoln University

174,387

Truman State University

398,142

Northwest Missouri State University

291,799

Missouri Southern State University

225,663

Missouri Western State University

207,954

Harris-Stowe State University

95,887

University of Missouri

3,980,006

Four Year Institution Subtotal

7,122,238

   

Two and Four Year Institutions Total

8,476,559

 

 

State Historical Society of Missouri

100,000

 

 

Foster care outdoor program

200,000

Health records system for children in foster care

180,000

Hand Up Pilot Program subsidies for child care

100,000

 

 

Total

$9,056,559