Missouri lawmakers set to pass $48B state budget

By SUMMER BALLENTINE
Associated Press

JEFFERSON CITY, Mo. (AP) — Missouri lawmakers are set to pass a roughly $48 billion state budget bolstered by federal aid. The deadline to pass a budget is Friday. The spending plan includes enough money to fully pay for public K-12 busing costs and a program to increase teacher pay to at least $38,000 a year. Local districts would need to kick in 30% of needed funding to get a 70% match from the state for teacher raises. The budget also pays for expanded access to the Medicaid health care program and a 5.5% funding increase for four-year colleges.