Salina, KS

Now: 3 °

Currently: Fair

Hi: 17 ° | Lo: 4 °

Kansas House Panel Approves Measure to Balance State Budget

KSAL StaffFebruary 2, 2015

A Kansas House committee has approved a bill eliminating a projected state budget deficit by relying more on moving money around than cutting spending.

The Appropriations Committee passed its budget-balancing measure on a voice vote. The full House is expected to take up the bill Tuesday.

The state faces a projected shortfall exceeding $330 million in its current budget after tax collections fell $47 million short of expectations in January. The deficit is in the state’s main bank account, which finances general government programs.

The bill mostly diverts money from highway projects and other special funds into the state’s main bank account.

The shortfall arose after lawmakers aggressively cut personal income taxes at Republican Gov. Sam Brownback’s urging in 2012 and 2013 to stimulate the state’s economy.

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

Fort Hays State University could be generating electricity from wind turbines in the next few weeks

Fort Hays State Gets $1.2 Million Gift

December 13, 2017 4:25 am

Changes Coming For Kansas License Buyers

December 2, 2017 10:15 am

STAY IN TOUCH!

GET OUR APP!

LATEST POSTS

Kids Writers Contest is U...
January 15, 2018Comments
Sandhill Crane Migration ...
January 15, 2018Comments
Rape Reported on WSU Camp...
January 15, 2018Comments
Snow Possible, Dangerous ...
January 14, 2018Comments

LATEST TWEETS

Read all tweets
© 2007 - 2018