Governor Matt Blunt has signed the $876.7-Million budget bill for the 2007 Fiscal Year which begins July 1st. The bill provides a $20-Million increase in funding for higher education institutions. That works out to an increase of 2.3 percent over Fiscal Year 2006 spending. The money includes an increase of $17.2-Million for public four-year colleges and universities and $2.7-Million more than last year for community colleges. The bill also includes an additional $2.5-Million for student financial aid.
Related web sites:
Missouri HB 1003