One of the major sources of education funding in Missouri is the revenues produced by the state lottery and from riverboat gambling, both of which have been down this year. The state provides 36.76% of the funding for K-12 education, and 16.6% of that funding comes from the lottery and gaming. I could not find comparable statistics for higher-education funding, but the state’s total allocation to higher education is about $800 million.
In January, there was a $44 million shortfall, and Gov. Jay Nixon, a Democrat, asked the legislature to cover that shortfall with a supplemental allocation to the state budget. But both the Missouri House and Senate are controlled by large Republican majorities, which appropriated only $22 million of the $44 million. So, Nixon announced that $15.6 million would be withheld from K-12 funding and $3.2 million from higher education.
Now, less than six months later, Nixon has announced…
View original post 447 more words