Gov. Parson’s proposed budget would increase funding for MSSU
JOPLIN, Mo. — Missouri Governor Mike Parson is calling for increased funding for higher education in the proposed state budget for the next fiscal year.
Some of that increased funding would go to Missouri Southern State University if the budget is passed.
Those impacts are listed below.
• A 5.4% core budget increase for all public higher education institutions: This would translate to an approximately $1.4 million increase for MSSU.
• $31 million in funding for MoExcels projects: MoExcels funding will facilitate the development and expansion of employer-driven education and training programs to increase educational attainment and career opportunities for populations historically underserved by higher education. These projects are competitively ranked by the Coordinating Board of Higher Education, and MSSU could potentially receive $767,732 in one-time funds to the Center for Digital Media and Virtual Production. The grant requires a 50% match from the university. Thanks go to the Art and Design, and Communication departments for developing this proposal. MSSU received two previous MoExcels grants for the Environmental Health Department and the ACACIA Center.
• $475 million in capital investment in higher education: The governor’s budget included a “transformational” capital project for each institution while challenging each university to provide a 50% match from sources such as philanthropy, federal funds from community partners, in-kind contributions, etc. In alignment with regional demand and the vision developed by a group of MSSU faculty and staff, led by interim Dean Erica Wight, the governor’s proposed budget includes a $30 million project—a Health Science Innovation building—for Missouri Southern. In the months ahead, the university will seek the $15 million matching funds, further shape the building concept and advocate with the Missouri legislature for funding of the project.
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