July 2017 Constituent E-Newsletter: The Budget Reality

On June 30 Governor Eric Greitens signed the bills into law that make up the $27.75 billion state operating budget for the 2018 fiscal year. The FY18 budget contains approximately $450 million in cuts compared to the FY17 budget. In addition to these cuts, the Governor unilaterally imposed about $250 million in spending restrictions he said are needed to put the budget in balance due to lowered expectations for revenue collections in the coming fiscal year.

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