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Lobbyist Money Help  

Governor releases $83 million to education

December 2, 2003
By: Zachary Ottenstein
State Capital Bureau

Gov. Bob Holden is releasing nearly 80 million dollars in withholdings to education. Zack Ottenstein reports from Jefferson City.

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After finding out the state will receive more than 80 million dollars in federal aid, Holden is taking state money that was earmarked for Medicaid and releasing it to schools.

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Contents: Holden says that the federal money will be moved to Medicaid and the state money that was budgeted for Medicaid will be moved to education.

The released money will help to fill the gap caused by the Gov. withholding nearly 200 million dollars from education earlier this year.

Speaker of the House Catherine Hanaway says that the Governor should release the remainder of his withholdings because of the state's recent revenue upswing.

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Contents: Hanaway says revenues are up over last year and up over expectations, therefore all of the withholdings should be released.

The Gov. is expected to make a decision on whether to release any more withholdings later this month. From the state Capitol, I'm Zack Ottenstein.

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Gov. Bob Holden says an early transfer of federal aid to the state has enabled him to release nearly eighty million dollars in withheld funds from education.

Zack Ottenstein reports from Jefferson City.

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The federal aid will be used to help fund Medicaid....STATE revenue earmarked for Medicaid will be moved over to education.

But the governor says he is not optimistic that more funds will be released in the future.

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Contents: Holden says that we have not met revenue increases necessary to release any more withholdings.

However, Speaker of the House Catherine Hanaway says that the governor should release all the withholdings because of the state's revenue upswing.

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Contents: Hanaway says revenues are up over last year and up over expectations, therefore all of the withholdings should be released.

The governor's announcement comes one day prior to a Supreme Court hearing on whether the governor can legally withhold funds.

The governor will decide whether to release any additional funds later this month.

From the state Capitol, I'm Zack Ottenstein.

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Gov. Bob Holden says an early transfer of federal aid to the state has enabled him to make an early release of withholdings to education.

Zack Ottenstein reports from Jefferson City.


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Holden announced Tuesday that he will release more than eighty million dollars to education.

The governor has been under pressure from Republicans to release withholdings ever since he withheld nearly 200 million dollars from education earlier this year.

Missouri House Speaker Catherine Hanaway says the governor can go further.

She says tax revenues are high enough that the governor should release all of the withholdings.

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Contents: Hanaway says that the state's tax revenues are up and above expectations, therefore all of the withholdings should be released.

But, the governor's office maintains that the status of the Missouri economy is not good as it looks on paper.

Holden says schools should not count on receiving more funds.

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Contents: Holden says tax revenue increases aren't high enough to release any withhholdings.

The governor will make his decision whether to release more withholdings later this month.

From the state Capitol, I'm Zack Ottenstein