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 Education 4% Social Services 30% MODOT 8% Conservation & Natural Resources 2% Mental Health Health & Senior Public Safety & 7% Services Corrections 5% 8%
What Supports the Budget Missouri's FY 2021 Budget Sources of Funding $35.7 Billion State General Revenue Income Tax Federal Fiscal Relief 19% 14% State General Revenue Sales Tax 7% State General Revenue Corporate Income Tax 1% State General Revenue "Regular" Federal Other Sources Funding 1% 28% Earmarked State Funding 30%: Includes several categories of dedicated state taxes, such as the gas tax for roads, lottery & gaming, & earmarked sales taxes.
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)
Missouri Impact of COVID -19
Missouri Impact of COVID -19
Federal Response Federal Funds for Missouri from the Families First and CARES Acts Source of Fund Amount for State Other Amount Coronavirus Relief $1.563 billion $817 million for Fund 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 $66.5 million Development Block Grant
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 Contact Us If You Can Help: ablouin@mobudget.org 314.518.8867
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