Salina, KS

Now: 29 °

Currently: Fair

Hi: 63 ° | Lo: 38 °

Kansas Budget Negotiators Reach Tentative Deal

KSAL StaffMay 1, 2014

A tentative deal has been struck on lingering issues in the Kansas budget, moving legislators closer to concluding the 2014 session despite a spate of bad economic news.

House and Senate negotiators finished work on the budget Thursday, including giving a pay raise for nearly 38,000 state employees and new officers at the Topeka Correctional Facility. The timing of a vote on the budget was uncertain.

On Wednesday, the state Department of Revenue reported that tax collections for the month totaled $92 million less than expected. Officials cited changes in the federal tax code on capital gains and other income.

Also on Wednesday, Moody’s Investor Services downgraded the state’s bond rating on concerns about long-term pension obligations and further reduction of state ending balances necessary to cover expenses.

Copyright © Rocking M Media, 2018. All Rights Reserved. No part of this story may be reproduced without Rocking M Media’s express consent.

CATEGORIES :

COMMENTS

RELATED POSTS

Changes Coming For Kansas License Buyers

December 2, 2017 10:15 am

Proposed Kansas Tyson Plant Paused

November 21, 2017 6:19 am

STAY IN TOUCH!

GET OUR APP!

LATEST POSTS

Drug Sweep Nets 4 Arrests
October 15, 2018Comments
Guns Taken from Garage
October 15, 2018Comments
Burglar Tased, Arrested
October 15, 2018Comments
New Annual Grant to Aid L...
October 15, 2018Comments

LATEST TWEETS

Read all tweets
© 2007 - 2018 - EEO  - KDJM  - KABI  - KSAL-AM  - KSAL-FM  - KVOB  - KYEZ  - KZUH