Wednesday, June 19, 2013

The latest local news, weather and high school sports in and around Columbia and Jefferson City

Schools suffering from lack of Missouri gambling
Posted: 12.30.2010 at 7:43 AM
Newsdesk KRCG
2

The gaming industry says the economy is bad, so fewer people are gambling and the state's schools could be the losers.

Missouri schools could face a $24 million funding shortfall because tax revenues from casinos are falling short of projections.

Casinos had been expected to produce about $372 million for education this year, but new estimates says those casinos will generate only $348 million.

Budget planners hoped a 2008 ballot measure removing gamblers' loss limits would result in more revenues, but a slow economy has people gambling less.

Popular Stories
Thumbnail
Manhunt underway for rape and kidnapping suspect
Meghan Lane  |  Yesterday at 10:25 PM  |  8 comments
Thumbnail
Man charged after locker room incident with teen
Meghan Lane  |  Tuesday, June 18, 2013  |  6 comments
Thumbnail
Unsanitary conditions found at meat locker
Teresa Snow  |  Tuesday, June 18, 2013  |  2 comments
Follow Connect Mid-Missouri
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
ADVERTISEMENT