Dive Brief:

• Missouri Gov. Jay Nixon issued a statement Tuesday announcing $35.1 million in cuts to the state's education budget.
• All together, $10.5 million will be cut from higher ed institutions and $24.6 million will be pulled from the K-12 Foundation Formula funds.
• The latest cuts are the second round to Missouri's education budget in the last month.

Dive Insight:

Prior to the latest cuts, April saw $22 million cut from Missouri's education budget. Of that, $15.6 million came from K-12 funding and $3.2 million came from higher ed. In both instances, blame for the cuts was placed on revenue shortfalls from the state lottery and riverboat gaming.