Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap A new, stable fiscal forecast for Kansas reinforces the dynamics of a debate over tax cuts !

A new, stable fiscal forecast for Kansas reinforces the dynamics of a debate over tax cuts

Time:2024-05-22 01:50:41 source:Worldly Whispers news portal

TOPEKA, Kan. (AP) — The picture for tax cuts in Kansas and the next state budget remained stable Friday with the release of a new fiscal forecast that reinforced the dynamics of a conflict over proposed tax cuts between Democratic Gov. Laura Kelly and the Republican-controlled Legislature.

The new forecast from state officials and legislative researchers came with lawmakers scheduled to reconvene Thursday after a spring break for the final six days of their annual session. Kelly has until Thursday to act on a bill cutting income, sales and property taxes and another measure containing the bulk of the next state budget.

The new forecast replaces projections made in November for tax collections through the end of June 2025. It trims the previous estimates by about 1.2% or $119 million for the current budget year, which ends June 30. But it boosts them by $80 million for the budget year that begins July while projecting that the state also will earn more interest than previously expected on its idle funds.

Related information
  • The 13 style rules that every midlife woman MUST follow (and yes, beige really is banned!)
  • Drake complains about news helicopters flying over his house after THIRD police
  • Elias Díaz has 2 hits including a tiebreaking single in a six
  • French star halts Eurovision rehearsal in Israel protest
  • Shooting injures 2 at Missouri high school graduation ceremony
  • Mother's Day: Today, more US parents than ever have paid leave — but most still don't
  • Terrifying moment woman comes face to face with a mountain lion in her backyard
  • Kim Kardashian gives a behind
Recommended content
  • Dame Judi Dench's tears as she receives Sycamore Gap tree seedling at Chelsea Flower Show
  • Catholic priest stuns worshippers by telling them Christ had an erection when he died on the cross
  • Eurovision 2024: Winner Nemo to be welcomed home by Swiss fans
  • Caitlin Clark the focus of talks about race, double standards in sports
  • Ohio judge to rule Monday on whether the state’s abortion ban stands
  • Eurovision 2024: Winner Nemo to be welcomed home by Swiss fans