Brownback: I’m Working on $chool Funds & State Pensions
December 10, 2014

(AP) – Gov. Sam Brownback says he’s working on proposals for changing how Kansas distributes aid to public schools and for bolstering the pension system for teachers and government workers.

But the Republican governor provided no details during an interview Wednesday with The Associated Press. He said only that his administration is researching options on school funding and pensions.

Brownback’s comments came a day after he outlined a plan for closing a projected $279 million shortfall in the state’s current budget. His plan received bipartisan criticism because he directed the state to divert nearly $41 million from the public pension system.

He said he did so to avoid cutting aid to public schools and higher education spending.

But he also said the state can’t sustain increases this year in education funding.

Kansas State Revenue Up in November
November 28, 2014

(AP) – Kansas says its tax collections in November were $3.1 million more than estimated in November.

The Topeka Capital-Journal reports that revenue collections totaled more than $409 million this month, while about $406 million was estimated.

Corporate income tax receipts came in $1 million above estimates, while individual income tax receipts were $3.8 million above estimates.

But sales tax receipts fell short of estimates in November, coming in about $1 million below expectations.

The positive November revenue report came after Kansas fell $23 million short of estimates in October.

Kansas Revenues Shirt of Projection for Septembers
September 30, 2014

(AP) – Kansas says its tax collections fell $21 million short of expectations in September.

The lower-than-anticipated collections were disclosed Tuesday in the state Department of Revenue’s monthly preliminary revenue report. The development could cause a short-term increase in the state’s predicted budget shortfall of $238 million by July 2016.

The department emphasized that even with overall taxes falling short, the state saw higher-than-expected corporate income tax collections.

The state anticipated collecting $542 million in taxes in September and instead took in $521 million, a difference of 4 percent.

Since the fiscal year began in July, the state has collected about $1.35 billion in taxes, against expectations of $1.37 billion. The difference there is $23 million, or 1.7 percent.

The biggest shortfall is in personal income tax collections.

The Democrat for Governor, Minority Leader Paul Davis says the report proves Governor Sam Brownback “economic expiiriment isn’t working and it’s not going to work,”

Kansas’ Latest Revenue Report Dues Tuesday
September 30, 2014

(AP) – Kansas officials are waiting for word on whether state tax collections in September met expectations.

The state Department of Revenue’s report Tuesday afternoon was expected to renew a political debate over massive income tax cuts enacted at Republican Gov. Sam Brownback’s urging. Brownback says the tax cuts are stimulating economic growth, but critics contend the reductions are wrecking the state’s finances.

The Legislature’s nonpartisan research staff is predicting that the state will face a $238 million budget shortfall by July 2016, even if tax collections meet the state’s official projections between now and then.

Kansas’ tax collections in July and August combined met expectations, but the collections in April, May and June fell a total of $334 million short of expectations.

Brownback Says They’Ve Found extra State Money
September 23, 2014

Kansas’ incumbent Republican Governor Sam Brownback says his administration has found about $100 million in “efficiencies” . Brownback told KMBC TV in an exclusive interview the money does not come from program cuts.
“We’ve already found–we’re going to be announcing this this week–we think, another 10 million dollars of efficiencies in state government,” Brownback said.
Earlier this year, the non-partisan Legislative Research department estimated the state would be facing a $238 million dollar shortfall without added money.
“This is nothing new to me,” The Governor noted of the budget shortfall. He was talking about a large budget hole he confronted when he first took office in 2011. Bornwback as cut back the number of employees and reduced some state programs because of the budget crunch.
“We’re going to be able to handle this and get on through it,” Brownback said.
Brownback was in Overland Park Tuesday afternoon for an official gubernatorial stop, as opposed to a campaign visit.
He participated in the official ribbon cutting for the expansion of the Black and Veatch engineering firm headquarters.
Brownback’s two years of tax cuts are a central issue of the campaign.
Two leading credit rating companies, Moody’s and S&P’s have downgraded Kansas’ bond rating this year, citing concerns about the state’s finances.

Follow

Get every new post delivered to your Inbox.

Join 103 other followers