Governor Bob Holden is releasing $127-Million he had withheld from public schools and from higher education institutions this year. Holden says he had to make the withholdings to keep the state budget in balance. But he says four factors have come into play allowing the release of those funds. One is the savings from cost-cutting in state agencies. Others are increased income from the tobacco settlement, fewer redemptions of tax credits, and the delay in settlement of a $50-Million lawsuit. Holden is still sitting on $40-Million he has withheld from state agencies.
SEARCH THIS SITE
NEVER MISS A POST!
Recent Articles
- Missouri Supreme Court hears ‘double taxation’ case involving marijuana dispensary
- Negotiations over: Missouri Senate forces votes to pass abortion, paid sick leave proposals
- MU veterinary lab expansion to better serve students and state (LISTEN)
- Missourinet Sports Report
- Three chapters across Missouri enable ways for African American youth to thrive (LISTEN)