If one bill is passed, Missouri public schools will receive less state money this year than originally planned.
JiaoJiao Shen has more from the Capitol.
Governor Holden says one of his two main priorities this year is to fully fund the Missouri school foundation formula.
The foundation formula funds school districts according to wealth. That means poorer districts get more money and richer ones get less.
Representative Chuck Graham of Columbia is sponsoring a bill that adjusts the foundation formula.
Grahams bill will give public schools 45 million dollars less this year, but 45 million more next year, than originally planned.
So, that's 45 million dollars the government is saving this year when the budget is tight.
Governor Holden supports the school foundation formula and says he will fund it.
However, with less money going out this year, could it still be counted as fully funding?
Representative Barbara Fraser of St. Louis thinks so.
Fraser says the reduction will allow the funding to be spread over a two-year period.
She says the foundation formula will be fully funded because the same amount of money is going into the school districts, it's just not all at once.
Graham says there's no money in the budget for an increase in public school funding right now.
Schools will suffer from less money this year, but Representative Fraser says they will get more money than originally intended for next year.
The bottomline is schools will not lose money over the two-year period.
However, Fraser says the problem with reduced funding this year is the worry that next year's economy will not improve, so schools won't get the extra funding next year.
Graham's bill is waiting for Senate approval
From Jefferson City, I'm JiaoJiao Shen.