I have positive budget news to share.
In July, Gov. Mike Parson withheld $11.9 million of our state funding.
In October, Gov. Parson released $1.7 million. The board used this revenue to fund a $600 across-the-board pay increase for full-time faculty and staff hired on or before Nov. 30. The pay increase will begin this month for 12-month employees and in February for 9- and 10-month employees.
Earlier this month, Gov. Parson released the remaining $10.2 million of withheld state funds. When he released the funds, he directed that we spend $8.4 million on maintenance and repair projects.
I want to thank Gov. Parson for once again prioritizing higher education and Missouri State University when making decisions about which funds to release as the FY2021 state revenue situation came into focus.
Planning maintenance projects
The Executive Committee of the Board of Governors will meet later this week to discuss what projects to prioritize with the funds recently released by Gov. Parson.
I will recommend that the board invest $8.4 million in maintenance and repair facility projects as directed by Governor Parson and hold the remaining funds in reserves. These remaining funds — approximately $1.7 million — will then be available to allocate for FY2022, which will begin on July 1.
State FY2022 budget recommendations coming soon
These developments place us in a strong financial position as we begin to develop the university’s FY2022 budget. That budget process will begin soon.
We anticipate receiving Gov. Parson’s budget recommendations in late January. Our Executive Budget Committee will then meet in mid-February to begin assembling budget recommendations for the Board of Governors.
COVID-19 vaccination update
I also want to update you on our work regarding the COVID-19 vaccine.
The State of Missouri authorized vaccination for people in Phase 1A a few weeks ago. This group includes healthcare and long-term care facilities.
Last week and earlier this week, the state authorized vaccination for everyone in Tiers 1 and 2 of Phase 1B. This includes people 65 and older, people with certain co-morbidities, first responders, emergency services and public health infrastructure.
Unfortunately, vaccination has not yet been authorized for higher education. In the meantime, I would encourage all members of our campus community who are in Phase 1A and Tiers 1 and 2 of Phase B to get vaccinated.
The state’s decision on who can be vaccinated is only one piece of the puzzle. The other piece is the state’s decision on how to physically distribute the vaccine. Vaccine supplies are very limited.
We learned last week that we will receive a small number of COVID-19 vaccines early this week. These vaccines will be available through Magers Health and Wellness Center for employees who are eligible to be vaccinated (currently meaning they meet the requirements of Phase 1A and Tiers 1 and 2 of Phase B).
Eligible employees will sign up for this vaccination through My Missouri State online, similar to how employees sign up to receive the flu vaccination.
The university continues to work to obtain additional vaccine. As we receive additional vaccine and as additional groups of employees become eligible to be vaccinated, we will let you know through Inside Missouri State and the vaccination webpage on the COVID-19 Information Center.
View the town hall recording
Thanks to all who attended the town hall meeting last Friday. For those unable to attend, a recording of the presentation is available online.
If you have questions about the subjects discussed at the town hall meeting or any other topic, feel free to email them to me at email@example.com.
Thanks for all you do for Missouri State!