Parson Signs 2025 Budget

Jefferson City, Mo. (KFMO) - The Missouri fiscal 2025 year budget, signed Friday by Governor Mike Parson, comes in at approximately $50.5 billion dollars.

The state operating and capital improvement budget bills include historic investments in the future of Missouri that focus on workforce development and infrastructure. During his 2024 State of the State Address, Governor Parson again called on the General Assembly to invest in infrastructure projects all across the state, including prioritizing Interstate 44 expansion planning following the Interstate 70 funding passed by the General Assembly last year.

As of July 1, 2024, Missouri is expected to have a nearly $6 billion fund balance.