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Archive for Monday, August 9, 2010

Kansas treasurer returns $65,000 of unspent 2010 budget

August 9, 2010

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— Kansas State Treasurer Dennis McKinney says his office didn't need its full budget in the past fiscal year, so he's returned more than $65,000 to the state.

McKinney says he trimmed expenses partly by eliminating the equivalent of two full-time jobs and using new technology.

The treasurer's office had an operating budget of $4.2 million for the fiscal year that ended June 30. The unspent funds represented about 1.6 percent of the total.

McKinney, a Democrat, was appointed treasurer late in 2008 by Gov. Kathleen Sebelius after Republican Lynn Jenkins was elected to Congress.

McKinney is running for a full, four-year term this year. He faces Republican Ron Estes, the Sedgwick County treasurer, in the Nov. 2 general election.

Comments

Orwell 4 years, 4 months ago

At the same time he cut his costs, he's significantly increased the visibility and effectiveness of efforts to return unclaimed property to individual Kansans.

Well done.

Jake Esau 4 years, 4 months ago

I'm not sure why political party really matters for positions like this (or Secretary of State, as well as some others). Basically their job is to manage and enforce existing policy, not create new policy. Managerial ability as well as things like transparency are more important than political party for positions like this.

wmathews 4 years, 4 months ago

Yikes! Thanks for catching that. Made the correction.

Whitney Mathews Online Editor

grammaddy 4 years, 4 months ago

Cut the budget? Saved some money? McKinney gets my vote!!

Joe Hyde 4 years, 4 months ago

I don't understand what it means to "eliminate the equivalent of two full-time jobs". The "equivalent"?

Does this mean two state workers got fired and their combined salaries (no longer in need of disbursement) have been returned to the state fund? I sure hope this isn't a case where two people have lost their jobs just so their boss, who kicked 'em loose, can look better to voters during an election year.

520dude 4 years, 4 months ago

Massive reduction of 1 and a half percent. (Golfclap)

Bob_Keeshan 4 years, 4 months ago

It is a reduction of 1 and a half percent from the budgeted amount, which already was reduced from the prior year.

pace 4 years, 4 months ago

It is heroic. Most government bosses go on about how you have to spend all the budget. Good job. Probably no one got fired, most probable is duties were realigned and no one got hired to opened positions no longer needed.

Mr_B9 4 years, 4 months ago

Returned it to the state? HMMMMM, that was probably a mistake. He might as well kept the 2 people on his payroll because the state is not giving anything back..... The real question is, what did the state do with the returned money?

Centerville 4 years, 4 months ago

Why don't the school districts follow and give back the $1.2 billion socked away in unencumbered funds. Now, THAT would be newsworthy.

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