- Associated Press - Friday, August 8, 2014

TOPEKA, Kan. (AP) — New budget projections from the Kansas Legislature’s nonpartisan research staff show a state budget shortfall developing by July 2016.

The projections released Friday by the Legislative Research Department also show a lower figure for the state’s cash reserves on June 30 than Gov. Sam Brownback’s administration reported last month.

The department provided the figures to The Associated Press exclusively after releasing them to legislators.

The projections show the state would face a $262 million shortfall by July 2016. Kansas aggressively cut personal income taxes at Brownback’s urging, and revenues fell short of expectations earlier this year.

The department also said the state’s cash reserves on June 30 were $380 million, not the nearly $435 million Brownback’s administration reported. The department factored in bills that were still pending on June 30.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide