$68 Million in Federal Budget Stabilization Funds Appropriated for Infrastructure and Capital Improvement Projects at Missouri Public Universities
Jefferson City, MO (STL.News) ?Wednesday, Missouri Governor Mike Parson announced over $68 million in Federal Budget Stabilization Fund appropriations for infrastructure and capital improvement projects at Missouri’s public universities and State Technical College of Missouri.
Releasing these funds will help address major repairs and restore campus buildings to maintain a safe environment.
“Public universities play a major role in their local communities, serving a variety of needs in addition to their traditional academic roles,” said Governor Parson. “This has never been more clear than the COVID-19 crisis when higher education institutions have offered up facilities for ultra-cold vaccine storage, contributed to the state’s PPE supply chain, and provided job training for unemployed Missourians. These funds will help provide much needed support to our public universities just as they have done for our communities.”
With many public and private partnerships, college campuses are not only centers of cultural and historical significance but also vital parts of community health and wellness. Public higher education institutions have a facility footprint of over 2,400 buildings with approximately 60 million maintainable square footage throughout Missouri.