Fiscal cliff could cost Kansas 40K jobs and 2.75B GDP
A REMI analysis warns Kansas could lose more than 40,000 jobs next year if federal tax hikes and spending cuts occur, with private sector hit and GDP dropping over 2.75 billion. The study notes diversification helps, but consumer spending and defense cuts could ripple through aerospace firms like Hawker Beechcraft and Spirit AeroSystems. Continued uncertainty by Washington underpins these projections.
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Sam Brownback
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Kansas School Boards group seeks limited negotia tion changes
The Kansas Association of School Boards adopted a legislative agenda urging a narrow revision of the Professional Negotiations Act to exclude teacher evaluation protocols from mandatory bargaining. Lobbyist Mark Tallman cited worries about new school accreditation and district flexibility in evaluating teachers and granting tenure as districts prepare for a system tied to student growth under No Child Left Behind waivers. The Kansas State Department of Education is crafting a state model, while Lawrence Public Schools plan their own evaluation protocol.
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KU faces state funding cuts and federal pressure in budget talks
Kansas University leaders warn that recommended budget reductions could slice state funding by about 8 million at KU and 8 million at the Medical Center, with potential 18 million in lost federal research dollars and 27 million in loan costs if sequestration occurs. The chancellor cites a 40 percent funding drop over 15 years and plans under Changing for Excellence to free funds for hires.
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Koch Industries plans Wichita HQ expansion to add 745 jobs
Koch Industries announced expansion of its Wichita headquarters to create space for 745 more workers. The three story 210000 square foot building will be finished mid 2015 with construction starting next fall. Koch employs about 2800 in Wichita and has 150+ open roles there.
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Koch Industries
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