© 2024 Kansas City Public Radio
NPR in Kansas City
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Group Updating Kansas Tax Collection Estimates

A group meeting Monday will update estimates for Kansas tax collections. The revenue predictions let lawmakers know how much money they have to spend as they write the state budget.

The Kansas Consensus Revenue Estimating Group is made up of members of the governor's administration, non-partisan legislative researchers and economists from universities in Kansas. They meet twice per year. This time, they'll revise the estimate for the current fiscal year and craft a prediction for tax collections next fiscal year.

They have lowered estimates because of the tax cuts passed in Kansas, but several months have been below the prediction since they last met in April. The current fiscal year started in July and so far Kansas is $46 million below the estimate for the year.

Legislative staffers are currently predicting a budget shortfall and lawmakers will have to deal with it when the Legislature convenes in January.

As the Kansas News Service managing editor, I help our statewide team of reporters find the important issues and breaking news that impact people statewide. We refine our daily stories to illustrate the issues and events that affect the health, well-being and economic stability of the people of Kansas. Email me at skoranda@kcur.org.
KCUR serves the Kansas City region with breaking news and award-winning podcasts.
Your donation helps keep nonprofit journalism free and available for everyone.