Salina, KS

Now: 23 °

Currently: Cloudy

Hi: 23 ° | Lo: 17 °

Kansas Prepares for New, More Pessimistic Fiscal Forecast

KSAL StaffNovember 10, 2016

Kansas is preparing for a new fiscal forecast for state government that is expected to be more pessimistic in projecting the state’s tax collections than the current one.

State officials, legislative researchers and university economists were meeting Thursday to draft revised projections for tax collections through June 2017. They also planned to issue the first projections for the following two years.

Republican Gov. Sam Brownback, his staff and legislators use the numbers in budgeting. The current forecast was issued in April.

From July through October, tax collections have been $80 million less than projected for a shortfall of 4.2 percent.

The state already faces a projected shortfall of at least $70 million in its current, $15.5 billion annual budget. A more pessimistic forecast would make the gap larger.

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

Earl Bane Foundation Supp...
January 17, 2018Comments
Fake $100 for Gum
January 17, 2018Comments
Fire Destroys Garage and ...
January 17, 2018Comments
Woman Hit by Truck
January 17, 2018Comments

LATEST TWEETS

Read all tweets
© 2007 - 2018