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Wednesday, February 23, 2011

Missouri House Endorces Financial Aid Plan for Schools to Offset Shortfalls in Casino Tax Revenue

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Missouri House backs financial aid plan for schools


ASSOCIATED PRESS
Wednesday, February 23, 2011
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JEFFERSON CITY • The Missouri House endorsed Tuesday a plan to use $189 million of additional federal stimulus money for public schools.
The House plan would use some of the money to offset shortfalls in casino tax revenue that was to go to schools.
But most of the additional federal money would be used to offset state revenue already budgeted for schools this year — allowing the state money to be saved and distributed to schools next year.
The plan was offered as an alternative to one by Gov. Jay Nixon.
The House gave the legislation initial approval by voice vote. The bill needs another vote to advance to the Senate.
Nixon's budget director, Linda Luebbering, said Tuesday that the governor's administration now supported the plan endorsed by the House.
The money at issue is Missouri's share of a $10 billion plan signed last August by President Barack Obama.

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1 comment:

  1. Sounds good! I hope the Show-Me State can set the example for good governance and responsibility. I don't want to see an angry mob scene in Jefferson City like we are seeing in Madison, WI!

    ReplyDelete

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