Posted by

2013 State of the State

State of the State Recap

What students need to know about Gov. Nixon’s plan for MO

Governor Jay Nixon delivered his annual “State of the State” speech Monday night from the Missouri House Chamber. This annual address is the Governor’s opportunity to outline his plan for the upcoming year and to present his budget to the citizens of Missouri. For legislators and groups like ASUM, this is the first glimpse into the Governor’s budget proposal for the coming fiscal year.

View the Governor’s full budget proposal here and click here for his plan on higher education.

Year UM-System Request Total Received Difference
2012  $              427,957,662  $       393,493,654 -8.1%
2013  $              405,800,000  $       398,000,626 -1.9%
2014  $              400,300,000  $       394,020,620* -1.6%

*Based on Governor’s Proposal without additional performance funding mechanism

Performance Funding Model 
Governor Nixon’s has also proposed performance based funding for Missouri’s public colleges and universities. Standards would include retention and graduation rates, educational assessment scores, and specific measures for each individual institution. The University of Missouri is set to receive an additional $16.9 million if all goals are met. This will increase the amount of funding received by the UM-System by 4.3%.

State Bonding Initiative 
In addition to the budget proposal and the performance funding model, Governor Nixon proposed the Building Opportunity in Our Schools Today bond initiative. BOOST is similar toSJR3 highlighted in our newsletter last week. Click here to see what initiatives this proposed bonding will be use for Missouri’s higher education system.

Read the entire text of Governor Nixon’s 2013 State of the State address.

0 0 3599 01 February, 2013 Uncategorized February 1, 2013

Leave a Reply

Your email address will not be published. Required fields are marked *