- Associated Press - Friday, June 29, 2018

JEFFERSON CITY, Mo. (AP) - Missouri Gov. Mike Parson has signed a $28.6 billion budget that increases funding for K-12 schools and generally holds steady the amount going to higher education.

Parson announced Friday that he approved the budget passed by the Legislature for the 2019 fiscal year that starts Sunday. He made 21 line-item vetoes totaling about $12 million, mainly to new or expanded programs.

The Republican governor also announced that he had released all the spending restrictions that former Gov. Eric Greitens had placed on the 2018 budget amid concerns that revenues would fall short of projections.

State Budget Director Dan Haug said revenues are up by about 5 percent over last year, which is now better than expected. But he said it’s too late to spend the $195 million that’s been released.

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