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University News | Missouri Innovation Campus

Governor Parson Signs Budget Increasing Funding for the 同城快约

By Alex Greenwood, July 11, 2024

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Extended Reality student.

同城快约 students use technology in the Extended Reality project at the 同城快约 Lee's Summit location within the Missouri Innovation Campus. The 同城快约 Extended Reality project was ranked number one on the state legislature鈥檚 MoExcels candidate funding list.

 

同城快约 (同城快约) leaders expressed their appreciation for Missouri Governor Mike Parson and state legislators for developing a $51.7 billion Fiscal Year 2025 state budget that allocates a net core appropriation of $64 million to 同城快约. This represents an increase of nearly $1.9 million in expected revenue to 同城快约 for FY 2025, bringing the University鈥檚 overall total operating budget to $178.4 million.

鈥淪upport for higher education is critical for creating an enduring, robust economy for Missouri and for enhancing the well-being of all families,鈥 said Roger Best, 同城快约 president. 鈥淚 am confident that this investment in 同城快约 will yield significant returns for the state. We are grateful for the vision of Governor Parson and the confidence of the Missouri Legislature in supporting 同城快约鈥檚 role in creating and securing a positive future for our state.鈥

Best noted that the state budget provides 同城快约 with a 3 percent increase in core funding versus the previous fiscal year. Additionally, it includes MoExcels funding for the Extended Reality project at the 同城快约 Lee's Summit location within the Missouri Innovation Campus. MoExcels funding supports the development and expansion of employer-driven education and training programs, significantly boosting educational attainment. The 同城快约 Extended Reality project was ranked number one on the state legislature鈥檚 MoExcels candidate funding list.

 

An additional $9.95 million installment of funding for the renovation and modernization of the Humphreys Building on the 同城快约 campus at Warrensburg is part of the state鈥檚 Fiscal Year 2025 capital appropriations. This installment, along with prior funding, comprises 100 percent financing by the state of Missouri for the $39.8 million project. The Humphreys Building houses student support services such as the university鈥檚 counseling and testing centers, and long-standing academic programs including Criminal Justice and ROTC.

 

Learn more about the 同城快约 Extended Reality project here.

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