One Time Tax Payments Boost Kansas Bank Account
February 28, 2014

(AP) – One-time income tax payments totaling more than $50 million helped boost Kansas revenue collections in February ahead of official estimates.

The Kansas Department of Revenue says Friday that overall revenue collections were $97.6 million more than projected. Individual income taxes were $100.7 million more than anticipated, while corporate tax collections were up $4.8 million.

Officials say Kansas collected $329 million in February, beating estimates for $231.4 million. Kansas has collected $3.62 billion in revenues, compared to the $3.5 billion projected for the fiscal year that began July 1.

The gains were partially offset by declines from estimates in sales, use, motor carrier and cigarette taxes and fees

Report Predicts Kansas Court Furloughs Coming Due to State Budget
December 26, 2013

(AP) – A new report says Kansas court employees could face unpaid furloughs as the judicial branch tries to handle an $8.25 million budget shortfall.

A committee appointed by the Kansas Supreme Court in October to look for ways to deal with the shortfall forwarded its recommendations to Chief Justice Lawton Nuss on Dec. 13.

The committee says furloughs would cut $2.5 million from the deficit, and much of the remainder would come from delayed judicial appointments, reduced training hours, eliminating about 20 court service officer positions and leaving more than 100 court positions unfilled in fiscal year 2015.

The Wichita Eagle reports the committee also recommended reducing by $250,000 a grant to Kansas Legal Services, where employees could be forced to take nine furlough days.

Kansas Budget Officers Say State Can Handle Drop in Revenue Projections
November 7, 2013

(AP) – Kansas officials have slightly reduced their projections for state revenues during the current fiscal year.

But acting Budget Director Jon Hummel said Wednesday the state will still be able to sustain the spending in the budget for both the current fiscal year and the one that begins in July 2014.

Fiscal forecasters said the state should collect $5.86 billion in revenues during the current fiscal year. That’s $29 million lower than the previous projection of $5.89 billion.

The previous estimate was made in April.

The forecasters also issued the first projections for the next fiscal year. They’re predicting that the state will collect $5.92 billion in revenues. The growth would be $61 million, or 1 percent.

Kansas Education Board Asking for $67 Million More for Schools
July 10, 2013

(AP) – Kansas State Board of Education members are asking state legislators and Gov. Sam Brownback to increase school funding in the next state budget by more than $670 million.

The request, approved by a 7-3 vote Tuesday afternoon, asks legislators to boost education spending starting next year by more than 20 percent. The request includes general state aid and money for professional development and school lunch programs during the fiscal year that starts in July 2014.

A similar request was made by the state board last year.

The board’s budget recommendations go the Republican governor and GOP-controlled Legislature. The board would begin lobbying legislators after they open their next annual session in January.

A lawsuit over education funding is pending before the Kansas Supreme Court, with arguments set for October.

Kansas Ends Fiscal Year With More Money than Predicted
July 6, 2013

(AP) – A new reports shows Kansas collected nearly $87 million more in taxes than expected in the fiscal year that ended June 30.

The state Revenue Department said Friday that tax collections totaled about $6.2 billion in the 2013 fiscal year, nearly $160 million more than in the previous year.

Collections in June were $567 million, about $25 million more than expected.

New laws enacted last year reduced the state’s personal income tax rates and eliminated taxes on roughly 191,000 businesses in certain categories


Get every new post delivered to your Inbox.

Join 86 other followers