UM leaders thank governor for higher ed funding
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 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.
On behalf of President Choi and the entire UM System, thanks to our dedicated elected officials for their support of HB 3, which includes an appropriation of $ 10M for our precision health initiative. #moleg @mizzou @umkansascity @missourisandt @umsl pic.twitter.com/RkCUz5Aw9U
— UM System (@ umsystem ) June 10, 2019
University of Missouri leaders thanked Parson and the General Assembly in a statement Monday.
The budget Parson signed includes more than $416 million in core funding for the UM System and $10 million for the Columbia campus​ precision health initiative.
The UM Board of Curators Finance Committee will meet Tuesday to discuss the fiscal 2020 operating budget and state appropriations request for fiscal 2021. University leaders also plan a groundbreaking for the precision health initiative June 21.
