Greater St. Louis, Inc. Statement on the Missouri House’s Passage of $46 Billion State Budget
The Missouri House today approved their version of the state budget for the upcoming fiscal year. The House-approved $46 billion budget includes funding for Greater St. Louis, Inc. priorities, including the Missouri Technology Corporation, public transit, broadband access, and community revitalization.
While funding included in the House budget will result in progress for these metro priorities, it does leave billions of dollars unspent that could make a more meaningful impact. The budget now heads to the Missouri Senate, and Greater St. Louis, Inc. encourages Senators to increase the level at which each of these priorities are funded to better meet the needs of the St. Louis metro.
Greater St. Louis, Inc. Chief Policy Officer and President of ChamberSTL Tracy Henke today issued the following statement on the Missouri House of Representative’s passage of a state budget.
“Now is not the time to leave investment that could be used in our communities on the sidelines. The Missouri Senate must act to restore investment in these critical state and metro priorities.
“Greater St. Louis, Inc. calls on the Missouri Senate to take the Governor’s recommendation in authorizing the Department of Economic Development to spend $94.9 million in federal State Small Business Credit Initiative funds (MTC), $400+ million for broadband expansion and accessibility, and $250 million for the Community Partnership Development Revitalization program. Greater St. Louis, Inc. also calls on the Missouri Senate to substantially increase general revenue for the Missouri Technology Corporation and appropriate $7 million in general revenue for public transit.”
Greater St. Louis, Inc. will continue its advocacy in increasing investment in entrepreneurship and innovation through the Missouri Technology Corporation and investing in broadband expansion and accessibility, community revitalization, and public transit infrastructure.