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The Missouri General Assembly today approved the state’s budget for the upcoming fiscal year. The $52 billion budget contains funding for Greater St. Louis, Inc. priorities, including sustained investments in the Missouri Technology Corporation and public transportation, funding for St. Louis Lambert International Airport, and the University of Missouri – St. Louis.
Greater St. Louis, Inc. worked with appropriators in the House and Senate on a sustained investment in funding for:
- Public Transit. $11.7 million ($10 million general revenue + $1.7 million state transportation fund)
- Missouri Technology Corporation. $8.5 million
- Global Connectivity. GSL was also instrumental in securing $5 million for an international flight incentive that any airport in Missouri can use, including St. Louis Lambert International Airport
- Transformation of St. Louis Lambert International Airport. $7 million for the demolition of the Missouri Air National Guard site at St. Louis Lambert International Airport, an enabling project needed for the construction of the new single terminal.
- UMSL College of Engineering. Partnering with the University of Missouri-St. Louis, GSL was able to help secure $25 million for the establishment of UMSL’s College of Engineering, which will build on the success of UMSL’s current 30-year Joint Engineering Program with Washington University and serve as an engineering talent pipeline that aligns with many facets of the STL 2030 Jobs Plan.
Adam Kazda, Vice President of Government Relations for GSL, issued the following statement on the General Assembly’s passage of a state budget:
“Greater St. Louis, Inc. thanks Speaker of the House Dean Plocher, House Budget Chair Cody Smith, Senate Appropriations Chair Lincoln Hough, Senator Brian Williams, and members of the General Assembly who recognize the value of state investment in innovation, public transit, infrastructure, and new educational and workforce opportunities.
“These investments in pro-growth priorities make Missouri more competitive on the national and global stage and show current and prospective businesses and talent that the state is an active partner in their success.”
Media Contact: Tony Wyche | 314-398-9991 | Tony@GreaterSTLInc.com