(D) has signed Missouri鈥檚 $23 billion budget for the next fiscal year into law 鈥� but he鈥檚 also slashed $172 million from the spending plan that takes effect July first.
Nixon says the cuts are needed not only to keep the state budget balanced, but to also help cover storm damage costs.
鈥淲e first obviously went through resources that didn鈥檛 exist, and then made the necessary trimmings across state government to put this budget in line," Nixon told reporters today at the .
The cuts include nearly $17 million from state universities and community colleges. Budget Director Linda Luebbering says the and in St. Joseph will undergo slightly larger cuts than the state鈥檚 other four-year schools.
鈥淭hose two have additional resources available, due to tuition increases, and so we are restricting an additional one percent," Luebbering said. "They鈥檒l be able to make that up with the additional tuition revenue.鈥�
The total also includes $100 million in continued cuts to college building projects funded with money from Missouri's student loan authority (). Funding for school buses in Missouri will undergo an $8 million cut, and college scholarships will be cut by $3 million.
Nearly $14 million will be cut from the state鈥檚 Medicaid system. Luebbering says, though, that鈥檚 due to lower demand for services, and that there won鈥檛 be any reduction in services rendered or any cuts made to reimbursements.
Several programs were zeroed out, including area health education centers and .
Nixon says some of the cuts could be reversed if Missouri鈥檚 revenue picture improves.
