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Critics Remain, But Compromise Enables Pension Savings
By DICK ALDRICH Missouri News Horizon JEFFERSON CITY, Mo. – Active dialogue between the governor’s office and state lawmakers ultimately enabled changes to state pension plans that supporters say will save the state $662 million in the next decade. Gov. Jay Nixon on Monday signed the bill, which the administration said would garner enough savings [...]
Missouri News Horizon intern Kelsey Proud visits Moberly, Mo. This is her report: Missouri News Horizon strives to serve the entire state of Missouri with political news, not just those living in high-profile cities or those geographically close to the Capitol building. With that mission of total inclusion in mind, we’re going to different regions [...]
Continue reading …April 29, 2010 By DICK ALDRICH and REBECCA TOWNSEND Missouri News Horizon JEFFERSON CITY, Mo. – State lawmakers have returned to the governor a fiscal year 2011 budget $456 million lighter than the version he presented them in January. Lower year-over-year revenue figures during the first months of 2010 forced what many long-term senators described [...]
Continue reading …April 27, 2010 By DICK ALDRICH Missouri News Horizon JEFFERSON CITY, Mo. – House and Senate budget conferees worked at record speed to slice nearly a half-billion dollars from the more than $23.5-billion-dollar fiscal year 2011 state budget. The process wrapped up Monday night, but an uncertain economic outlook teamed with a weakened revenue stream [...]
Continue reading …April 22, 2010 By REBECCA TOWNSEND Missouri News Horizon JEFFERSON CITY, Mo. – Abortion laws in Missouri may become stricter and state oversight of education leaner under proposals debated Thursday in the State Senate. Education Oversight Streamlined After a protracted battle over the details of how many members would comprise a new streamlined educational oversight [...]
Continue reading …April 20, 2010 By REBECCA TOWNSEND Missouri News Horizon JEFFERSON CITY, Mo. – The investment management Missouri’s two largest pension plans – one with a history of solid return on investments, the other with questionable fiscal health – may soon be streamlined. The funds would remain separate entities – no money would move from one [...]
Continue reading …April 20, 2010 By DICK ALDRICH Missouri News Horizon JEFFERSON CITY, Mo. — The Senate took procedural steps Tuesday toward creating a conference committee for the bills that make up the fiscal year 2011 budget. Senators Rob Mayer, R-Dexter, Kurt Schaefer, R-Columbia, Scott Rupp, R- Wentzville, Joan Bray, D- St. Louis, and Timothy Green, D- [...]
Continue reading …April 14, 2010 By REBECCA TOWNSEND Missouri News Horizon JEFFERSON CITY, Mo. – The state is one step closer to finalizing a budget for fiscal year 2011 after Missouri’s senators spent more than 10 hours engaged in debating proposed allocations and cuts. The proposed budget brought to the floor for debate by Senate Appropriations Committee [...]
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