In recent years, Missouri has been forced to face many difficult budgetary decisions. While revenues are beginning to grow, there are still shortfalls that need to be faced by the General Assembly. Because so little of the state's general revenue dollars are discretionary dollars, the General Assembly is faced with little flexibility as it works to reduce spending.
Some highlights of the Fiscal Year 2012 budget include full funding for the Missouri Rx Program, stable funding for K-12 classrooms, and $150,000 for Parents as Teachers, a critical program for young children. The legislature also worked to increase funding in several areas over the governor's recommendations, including $10 million for K-12 transportation funding and $12 million for public higher education.