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Kansas
Related: About this forumKansas to borrow $900 million, may delay payments to school districts
Kansas will have to borrow $900 million to get through next fiscal year and may have to delay payments to school districts to get through the current year.
It also will take more money from the highway fund and could tap a Medicaid fee fund.
The state faces a $45 million budget hole for the current fiscal year, which ends June 30. That could grow if June tax revenues fall short, budget director Shawn Sullivan told the State Finance Council on Wednesday.
Gov. Sam Brownback blamed the shortfall on the global economy, though a top Democrat pointed to the governors 2012 tax cuts as the cause.
Read more here: http://www.kansas.com/news/politics-government/article85257002.html#storylink=cpy
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Kansas to borrow $900 million, may delay payments to school districts (Original Post)
n2doc
Jun 2016
OP
xfundy
(5,105 posts)1. Can't blame Brownback
... He's a True Christian.
billymike
(122 posts)2. Do A Colorado:
legalize cannabis, tax revenue blooms, happy schools.
pbmus
(12,438 posts)4. Kansas was one of the last states to end prohibition
It will be the last state to legalize anything that makes its citizens happy
TreasonousBastard
(43,049 posts)3. Cut taxes even more-- that oughta do it.
PJMcK
(22,849 posts)5. Can't blame Governor Brownback
He's a Republican. There isn't a thing wrong in this world that is the result of Republican policies. They are never wrong. It's always the fault of someone or something else.
(sarcasm, if needed)
pansypoo53219
(21,686 posts)6. i bet kansas is so happy he got reelected.