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In the Kansas economy, cuts in state government expenditures cut incomes of state government "employees, suppliers, and contractors" who spent much or most of their incomes locally. [24] In addition, concern over the state's large budget deficits "might have deterred businesses from making major new investments". [24]
A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years.
The Kansas state fiscal year begins July 1 and ends June 30. On October 1 all of the state's agencies submit their budget requests to the governor and the legislature. Kansas has 20 state agencies which operate on a biennial system but are authorized to file budget adjustment requests every other year.
Given that Kansas’s state budget currently points toward a nearly $3 billion surplus, it’s inevitable that legislators have ideas about passing some of that surplus on to Kansans in the form ...
Kansas House Speaker Daniel Hawkins, left, and Senate President Ty Masterson speak before the State of the State address at the Kansas State Capital on Wednesday, Jan. 10, 2024, in Topeka, Kansas.
Kansas has billions of dollars in unspent revenue. Lawmakers are expected to debate new spending and tax cuts. Kansas lawmakers weigh tax cuts, spending priorities amid budget surplus
Top Republicans contend the state can afford at least $500 million a year in tax cuts. Rep. Adam Smith, R-Weskan and the House tax chair, said that he thinks even $600 million could be sustainable ...
Changes to the budget process raise the chance of a volatile confrontation between Democratic Gov. Laura Kelly and the Republican-controlled Legislature over spending priorities.