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Education study links severance tax to school aid shifts
Education and legislative research departments release a study urging a 5 percent severance tax on oil and gas to fund higher state aid and 8 to 18 percent increases in school budgets. It warns producing counties may see valuation declines from tax deductions, while districts like Hays gain state aid and lower mill rates, yet others such as Victoria may see levies rise.
MENTIONED IN THIS ARTICLE
Lynn Byczynski
Kansas
Topeka
HNS
John Carlin
Education and Legislative Research Departments
Carlin
Mike Swenson
Ellis County
Hays
Victoria
Mike Lennon
Midwest Research Associates
Donald Schnake
Kansas Independent Oil and Gas Association