Sign in to comment!

Menu
Home

Disasters

Mo. governor pledges $100M more for disaster aid

Missouri Gov. Jay Nixon has pledged an additional $100 million in state disaster aid following a deadly tornado in Joplin and continued flooding across the state.

Nixon's announcement Friday raises Missouri's total commitment to $150 million after a particularly devastating few months of natural disasters.

Nixon's budget director, Linda Luebbering (LOO'-ber-ing), says the $100 million will come from better-than-expected state tax revenues. Missouri ended its 2011 fiscal year Thursday with 5.9 percent growth.

The governor's previous allotment of $50 million for disaster aid was offset by cuts to education and other government services.

Luebbering says most of the additional money is needed because of the May 22 tornado that killed 156 people in Joplin. But she says some could pay for flooding aid.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 3.97% dw 4.14%  
15 Y Fixed Graph 3.05% dw 3.13%  
30 Y Fixed Jumbo Graph 4.28% dw 4.33%  
5/1 ARM Graph 3.06% dw 3.24%  
5/1 Jumbo ARM Graph 3.52% up 3.38%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.38% -- 4.38%  
$50K HELOC Graph 4.07% up 4.06%  
$30K Loan Graph 4.63% -- 4.63%  
$50K Loan Graph 4.25% -- 4.25%  
$75K Loan Graph 4.25% -- 4.25%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 3.06% dw 3.07%  
36 M Used Graph 3.28% dw 3.29%  
48 M New Graph 3.04% dw 3.05%  
48 M Used Graph 2.95% dw 2.96%  
60 M New Graph 3.12% dw 3.13%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.39% -- 0.39%  
1 yr Graph 0.62% up 0.61%  
5 yr Graph 1.52% -- 1.51%