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Gov. Parson releases remaining $280.7M in FY21 restricted funds


Gov. Parson releases remaining $280.7M in FY21 restricted funds
Due to stronger economic projections in Missouri, Governor Mike Parson released the remaining $280,783,940 in Fiscal Year 2021 funds back into the budget. (Source: KEYC)
By Marsha Heller | March 1, 2021 at 11:09 AM CST - Updated March 1 at 11:09 AM
JEFFERSON CITY, Mo. (KFVS) - Due to stronger economic projections in Missouri, Governor Mike Parson released the remaining $280,783,940 in Fiscal Year 2021 funds back into the budget.
At the beginning of the pandemic, approximately $438 million in FY21 spending was held back to make sure the state stayed within a budget affected by the pandemic.
When the restrictions were made, Missouri’s unemployment rate was projected to be at roughly 16.3 percent. ....

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