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May 6, 2014

Missouri lawmakers agree on education funding

Missouri lawmakers have agreed on funding increases for public schools, colleges and universities for the upcoming year.

Missouri lawmakers have agreed on funding increases for public schools, colleges and universities for the upcoming year.

Public schools would get a $115 million increase on top of their current $3.1 billion in basic funding. But if revenues met Gov. Jay Nixon’s more optimistic projections, schools could get up to a $278 million increase.

Missouri’s higher education institutions would get a $43 million increase to be distributed based on whether they have met performance goals. That would amount to an average of a 5 percent increase.

The chairmen of the House and Senate budget committees announced the funding levels Tuesday at the start of a conference committee to resolve differences in the two chambers’ budgets. There were no public negotiations among lawmakers.

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