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June 2020 Amy Blouin, President & CEO ablouin@mobudget.org Why - - PowerPoint PPT Presentation
June 2020 Amy Blouin, President & CEO ablouin@mobudget.org Why - - PowerPoint PPT Presentation
June 2020 Amy Blouin, President & CEO ablouin@mobudget.org Why the State Budget Matters Missouri's FY 2021 Budget - ALL Funds $35.9 Billion Capital Improvements Pre K - 12 Education & Public Debt All Other 24% 2% 10% Higher
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Missouri's FY 2021 Budget - ALL Funds
$35.9 Billion
Pre K - 12 Education 24% Higher Education 4% MODOT 8% Conservation & Natural Resources 2% Public Safety & Corrections 8% Mental Health 7% Health & Senior Services 5% Social Services 30% Capital Improvements & Public Debt 2% All Other 10%
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What Supports the Budget
State General Revenue Income Tax 19% State General Revenue Sales Tax 7% State General Revenue Corporate Income Tax 1% State General Revenue Other Sources 1% Earmarked State Funding 30%: Includes several categories of dedicated state taxes, such as the gas tax for roads, lottery & gaming, & earmarked sales taxes. "Regular" Federal Funding 28% Federal Fiscal Relief 14%
Missouri's FY 2021 Budget
Sources of Funding $35.7 Billion
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The FY 2021 State Budget
Impact on Kids
*most budget lines were “flat” funded
Pre-K Education thru College
- Child Care: $273.8 million ($66.5 million in stimulus, but $3 million GR cut)
- Parents as Teachers: $21 million (flat funding)
- First Steps: $60.3 million (flat funding)
- Pre–K thru 12th Formula: $3.5 billion (flat funding – SAT remains $6,375)
- Public Placement Fund: $5.625 million (flat funding)
- Colleges: Cut by $68.5 million (restored if stimulus if available)
Child Welfare
- Children’s Division Home Visiting: $8.345 million (includes $907,000 federal)
- Children’s Division Medicaid Home Visitation: $3 million for a new program
- School Age After Care: $21.57 million (flat funding)
Nutrition, Health & Mental Health
- Child Nutrition Program: $185 million federal
- DD Wait List: $22 million (includes $7.7 million GR)
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Missouri Impact of COVID -19
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Missouri Impact of COVID -19
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Federal Response
Federal Funds for Missouri from the Families First and CARES Acts
Source of Fund Amount for State Other Amount Coronavirus Relief Fund $1.563 billion $817 million for Counties Enhanced FMAP $517 million Additional funds may be available if extended beyond September Education Stabilization $203.7 million Elementary & Secondary $230.20 Higher Education Child Care Development Block Grant $66.5 million
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Next Steps
ADVOCACY OPPORTUNITY
Outreach to Senators Blunt and Hawley
Request: Strengthen the Federal Fiscal Relief Provisions of CARES and Families First Acts:
- 1. Federal Medical Assistance Percentage (FMAP)
- Tie the increase to economic conditions and remains in place as long
as unemployment remains elevated.
- 2. Increase and extend the Coronavirus Relief Fund
- Make the use of the funding flexible to fill budget shortfalls