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Kansas ends required rainy day balance debated in budget talks
A decade of suspending the constitutional ending balance in Kansas left the 7.5 percent rule unused from 2003 to 2012 and again in later years. The 2016 ending balance was 0.6 percent, about $37 million, amid budget cuts and calls for fiscal discipline. Lawmakers, analysts, and candidates weigh reestablishing a rainy day fund and possible new targets, with debates over taxes and spending.
MENTIONED IN THIS ARTICLE
Nor’s Budget Office
Kansas
Tom Cox
Shawnee
Brett Hildabrand
Cox
Senate
Anthony Hensley
D-Topeka
Hensley
Sam Brownback
Brownback
Pew Charitable Trusts
Kan
Sas
Jared Walczak
Tax Foundation
Walczak
Duane Goossen
Kansas Center For Economic Growth
Hawkins