In preparing for changes in federal funding policies the state of Missouri is one of 13 states to participate in the Children's Budget Watch Project, which documents expenditures on children's programs for the fiscal years 1990, 1993, 1994 and 1995. This report from the Citizens for Missouri's Children presents data on Missouri's expenditures in a variety of areas related to child well-being. Following descriptions of the impact of reduced federal funding and of the Children's Budget Watch project, the report details the context of state fiscal policy, revenue, and expenditures. Remaining chapters detail expenditures in areas including education, health and nutrition, child protection, early childhood education and care, and juvenile justice. Tables containing expenditures, services, and needs data collected by the Project are included. Among the findings are: expenditure in 1995 for income support programs increased 32 percent from 1990 but decreased 1 percent from 1994. Missouri's elementary and secondary education expenditures increased 13 percent from 1990, 6 percent of which was from federal funds. Because of Medicaid growth, total health expenditures doubled between 1990 and 1995. Child nutrition programs, almost totally federal funded, increased 33 percent between 1990 and 1995. Child protection (care for abused and neglected children) expenditures increased 26 percent from 1990 to 1995. Early childhood care and education programs such as FUTURES show a 33 percent increase in expenditures, more than half of which was federally funded. Expenditures for youth development programs decreased between 1990 and 1995, but juvenile justice expenditures increased 44 percent. (AS)