Salina, KS

Now: 67 °

Currently: Fair

Hi: 67 ° | Lo: 59 °

New Kansas Revenue Projections on Horizon

KSAL StaffApril 10, 2014

A group of Kansas officials and economists will gather next week to study revenue projections for the coming year, determining if the state economy is growing and if tax receipts will keep government afloat.

Legislative leaders on Thursday gave differing views of what the projections for the fiscal year that starts July 1 may look like, but agreed that the state faces challenges.

Tax collections through March were $130 million above the forecasters’ November 2013 estimate. Next week’s projections are expected to be revised upward to reflect the growth, which will help legislators finish the fiscal 2015 budget when they return later in April.

Legislative staff project the state will maintain positive balances at least through the next fiscal year before budget cuts or revenue increases would be necessary.

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

Double Fatality in Rural ...
August 20, 2018Comments
Seeking Projects in NW Ka...
August 20, 2018Comments
Suspected Dogfighting Rin...
August 20, 2018Comments
$7K Golf Cart Stolen
August 20, 2018Comments

LATEST TWEETS

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