JEFFERSON CITY, Mo. (AP) - Missouri senators have endorsed legislation creating a funding formula for public colleges and universities.
The bill would tie 10 percent of each school's state funding to meeting performance goals, and 10 percent to career placement.
The Coordinating Board for Higher Education would work with schools to develop their performance measures. The Department of Higher Education would develop rules for career placement rates of graduates.
The Senate gave the measure first-round approval Wednesday. It needs another affirmative vote to move to the House.
A state law requires development of a funding formula for higher education. Missouri's current approach allots money based largely on how much each school received previously and what is available for the future.
JEFFERSON CITY, Mo. (AP) - Missouri senators are considering a nearly $25 billion budget plan that may be most notable for what it doesn't contain.
Senate debate on the budget began Monday with education funding among the first items up. The budget includes a $66 million increase on top of the current $3 billion in basic aid for public schools. But that still falls $620 million short of what's called for by a state formula.
Later Monday, senators were to discuss more contentious topics. The Senate budget plan wipes out funding for the motor vehicle and driver's license division. The intent is to register senators' disapproval of licensing procedures that include making electronic copies of applicants' personal documents.
Like the House, the Senate plan includes no money for Gov. Jay Nixon's proposed Medicaid expansion.