Missouri’s public colleges and universities took another budget hit Friday after Governor Jay Nixon announced 9-million-dollars in cuts while signing the overall state budget into law. This means about 485-thousand-dollars less in state appropriations for Southeast Missouri State, when the new fiscal year starts July 1st. They will still get about 3-point-6-million more dollars from the state this coming fiscal year than the current. University president Ken Dobbins tells KZIM KSIM they anticipated these cuts and will spend wisely. Dobbins says the Governor cited concerns about state revenues, including whether the Missouri Lottery will generate enough new money to meet budget expectations. Southeast receives about 5-million-dollars per year from lottery proceeds. He says that will be a significant hit to them if those lottery figures don’t pan out, into the next fiscal year.
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