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Archive for Tuesday, April 3, 2012

Kansas officials to issue new fiscal forecast

April 3, 2012

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— Kansas officials and university economists will meet next week to issue new forecasts of state revenue through June 2013.

The forecasting team includes legislative researchers, members of the governor's budget staff, Revenue Department officials and economists from three universities.

The April 13 meeting will include a review of economic trends. The forecasters will then issue revised revenue projections for the current fiscal year, which ends June 30, and the 2013 fiscal year, which starts July 1.

The most recent forecast was issued in November and showed Kansas collecting $6.2 billion in revenues in both fiscal years. But tax collections are already running $72 million ahead of the forecast so far this year.

Comments

headdoctor 2 years ago

The $8 million will no doubt disappear in legal fees for the state to defend stupid new laws that they know good and well was unconstitutional to begin with or it will end up in Texas or Florida somehow.

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guesswho 2 years ago

Does this include the almost $8 million Kansas will get if the Mega Millions lottery winner claims his/her ticket?

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headdoctor 2 years ago

Something Brownback and many of the politicians will never get is there are a number of people who are not the rich but out of necessity will get off their butt and make things happen instead of waiting for the government to try to fix the economy and they will do it without waiting for tax cuts or a corporate welfare hand out.

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CreatureComforts 2 years ago

Well, this past weekend alone...

Lotto + Final Four sales. I'm sure that did a heck of a lot for the economy.

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headdoctor 2 years ago

Another chance for Brownback to take credit for something he didn't do. Kansas would probably be even more ahead if it wasn't having to overcome his set backs.

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