Gov. Parson Signs FY 2019 Budget

Today, Governor Parson signed the FY2019 budget bills passed by the General Assembly and highlighted priorities of improving infrastructure, increasing workforce development, curbing opioid abuse, fully funding K-12, and stabilizing higher education budgets.

“One of the biggest responsibilities the legislature holds every year is allocating our taxpayers’ hard-earned money responsibly and efficiently,” said Governor Parson. “We applaud the General Assembly for their efforts to fund critical functions of government including infrastructure, workforce development, and education funding.”

The Governor highlighted several areas of the budget, including fully funding the education foundation formula for the second time in history with a $99 million funding increase, prioritizing higher education, providing a needed step in lifting state employee pay, allocating $2.6 million to support faith-based initiatives to curb opioid abuse, and allotting $70 million for key infrastructure and workforce development projects.

The total state budget is $28.6 billion. In addition, the Governor issued 21 line-item vetoes, totaling more than $12 million.

All FY18 restrictions have been released, but it is too late in the budget year for those funds to be spent, so they will carry over to the next year.

The Governor also on Friday signed into law HB 1350, HB 1388, HB 1713, HB 1268, SB 652, SB 659, SB 687, SB 871, and SB 954.

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