Top Legislator Sees Glass Half Full
Associated Press - April 21, 2016 6:09 am
The top Republican in the Kansas House says there’s much good news in the state’s economy despite a new fiscal forecast that slashed projected revenues.
House Speaker Ray Merrick pointed Wednesday to the state’s low unemployment rate of 3.9 percent in March and said businesses are adding jobs. Merrick said that even with the lower revenue projections issued Wednesday, the state would see tax collections increase fiscal year over year.
The Stilwell Republican said in a statement that lawmakers would work to keep the budget balanced with what he called “a broad, clear-headed view of the actual situation.”
The fiscal forecast issued by state officials and university economists reduced projections for state tax collections through June 2017 by a total of $348 million.