Missouri Southern approves $76.4 million budget - St. Louis Today

Missouri Southern State University has approved a budget for the next fiscal year that will require it to dip into reserves. The budget approved by the Joplin school's Board of Governors on Thursday includes expenses of $76.4 million, with expected revenues of $74 million. Rob Yust, vice president for business affairs, says the university has a reserve fund of between $12.5 million and $13 million, which will easily cover the extra expenses. http://www.stltoday.com/news/state-and-regional/missouri/missouri-southern-approves-million-budget/article_36d54015-81dd-53a2-9b14-7a1da635358c.html