Archive for Tuesday, June 30, 2009
Kansas revenue shortfall hits $126 million
June 30, 2009
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Topeka — Kansas is ending the 2009 fiscal year with its tax collections $126 million below estimates.
The total shortfall for the fiscal year that was ending Tuesday was slightly less than had been expected.
Gov. Mark Parkinson must now decide what to cut in the budget that takes effect Wednesday so that the state begins fiscal 2010 without a deficit.
Senate President Steve Morris says Parkinson should look at all areas of state spending, including education.
Parkinson is planning a news conference Thursday to outline plans to trim planned spending in the $13 billion budget. He has the authority to cut spending as he sees fit to balance the budget.
More like this
- State tax collections fall just short of projections 3 comments / July 31, 2009
- Court fees rise because of budget issues 1 comment / July 1, 2009
- Budget shortfall to require governor’s action 12 comments / May 28, 2009
- Kansas budget cuts, deficit contemplated 2 comments / August 21, 2009
- Kansas schools to see delay in May payments, may also see delay in June 29 comments / May 29, 2009
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