UPDATE: Gov. Jay Nixon cuts Missouri education funding

Friday, June 10, 2011 | 3:13 p.m. CDT; updated 5:07 p.m. CDT, Tuesday, June 14, 2011

ST LOUIS — Missouri Gov. Jay Nixon has cut $172 million from Missouri's budget, including state aid for public schools and universities.

The cuts announced Friday include an $8 million reduction in state busing aid to public school districts, nearly $17 million in basic aid to colleges and universities and $3 million in college scholarships.

The total also includes $100 million in continued cuts to college building projects funded with money from Missouri's student loan authority. Those projects have already been on hold for a couple of years.

The cuts include $57 million from the state's general revenues — an amount that roughly equals the $50 million of disaster aid Nixon has committed for flooding in southeast Missouri and the deadly tornado that hit Joplin.

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