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Parson Signs $48 Billion State Budget

Parson Signs $48 Billion State Budget

Parson Signs $48 Billion State Budget

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COLUMBIA, Mo. (AP) —Gov. Parson has approved a roughly $48 billion state budget while cutting $500 million for tax refunds.

But he also slashed funding that lawmakers had set aside for tax refunds for middle-income taxpayers.

The budget still includes enough money to fully pay for the state’s share of public K-12 busing costs, as well as a program to increase teacher pay to at least $38,000 a year.

The budget also pays for expanded access to the Medicaid health care program.

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