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Headlines : Kansas
With tax cuts and budget deal, Kansas Legislature finishes session
Kansans can expect income tax cuts, a little more education funding and, if the economy doesn't grow quickly, significant cuts in state services as a result of one of the most politically divisive legislative sessions in recent history.
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Headlines : Kansas
Deficit fears could thwart tax-cut bill
Kansas Senate President Steve Morris said it would be difficult for the Senate to support a new alternative tax-cut bill - one Gov. Sam Brownback supports - because it could create state budget deficits.
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Headlines : Kansas
Talks continue on proposed $14B Kansas budget
Negotiators remain far apart on how to fund increases in public schools, including how much to boost spending and where the money will come from.
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Headlines : Kansas
State budget talks narrow differences
Ten negotiation sessions over two days on a compromise state government budget wrapped up with narrowing points of contention between the House and Senate.
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Headlines : Kansas
Kan. Senate approves $14.4B budget plan
The Kansas Senate on Wednesday approved a $14.4 billion state budget for the next fiscal year after adding money for public schools and property tax relief.
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Headlines : Kansas
Legislative budget impasse will cause court closings, furloughs, Chief Justice Nuss says
Kansans won't have access to the state judicial system for five days because the Legislature adjourned last week for its annual break without approving a $1.4 million supplemental appropriation for the judicial branch.
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Headlines : Kansas
Kan. budget agreement unravels just before vote
An agreement among Kansas legislators over a proposed $14.1 billion state budget unraveled Friday, postponing big spending decisions for several weeks and possibly creating headaches for agencies and their clients.
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Headlines : Kansas
Brownback endorses using casino funds for pensions
Kansas Gov. Sam Brownback has endorsed a proposal to use revenues from state-owned casinos to bolster the long-term financial health of the pension system for teachers and government workers.
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Headlines : Kansas
Senate advances $14B budget bill
The $14 billion budget bill that moved briskly through the chamber cuts overall spending by 4 percent, or $572 million, during the fiscal year starting July 1.
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Headlines : Kansas
Kansas House gives budget first-round approval
Kansas House members gave first-round approval to a proposed $14.1 billion state budget after members boosted spending on mental health services and to help public schools cover unanticipated costs.
Budget timeline: Annual (although smaller agencies may receive biennial budgets)
Fiscal Year starts: July 1
Gov. Sam Brownback
Office of Governor Sam Brownback
State Capitol
2nd Floor
Topeka, KS 66612-1590
Phone: (785) 296-3232
Fax: (785) 296-7973
http://governor.ks.gov/
Steve Anderson, Director of the Budget
Division of the Budget
900 SW Jackson, Suite 504
Landon State Office Building
Topeka, KS 66612
Phone (785) 296-2436
Fax: (785) 296-0231
http://budget.ks.gov/
budget.info@budget.ks.gov
steve.anderson@budget.ks.gov
2012 Legislative Calendar: Regular Session convenes January 9, adjourns March 31.
Legislative Budget Leaders:
Rep. Marc Rhoades (R), Chair, House Committee on Appropriations, marc.rhoades@house.ks.gov 785-296-7682
Rep. Kasha Kelley (R), Vice-Chair, House Committee on Appropriations, kasha.kelley@house.ks.gov 785-296-7671
Rep. Joe McLeland (R), Chair, House Committee on General Government Budget, joe.mcleland@house.ks.gov 785-296-7681
Rep. Pete DeGraaf (R), Vice-Chair, House Committee on General Government Budget, pete.degraaf@house.ks.gov 316-777-0715
Rep. Mitch Holmes (R), Chair, House Committee on Pensions and Benefits, mitch.holmes@house.ks.gov 785-296-7667
Rep. John Grange (R), Vice-Chair, House Committee on Pensions and Benefits, john.grange@house.ks.gov 785-296-7655
Rep. Richard Carlson (R), Chair, House Committee on Taxation, richard.carlson@house.ks.gov 785-296-7660
Rep. Marvin Kleeb (R), Vice-Chair, House Committee on Taxation, marvin.kleeb@house.ks.gov 785-296-7680
Sen. Carolyn McGinn (R), Chair, Senate Committee on Ways and Means, Carolyn.McGinn@senate.ks.gov 785-296-7377
Sen. John Vratil (R), Vice-Chair, Senate Committee on Ways and Means, John.Vratil@senate.ks.gov 785-296-7361
Rep. Sharon Schwartz (R), Chair, Joint Committee on Pensions, Investments, and Benefits, sharon.schwartz@house.ks.gov 785-296-7637
Sen. Steve Morris (R), Vice-Chair, Joint Committee on Pensions Investments, and Benefits, Steve.Morris@senate.ks.gov 785-296-2419
The current state budget can be found here.
Kansas is required to pass a "balanced budget." Section 75-3722 of the state law requires the "secretary of administration, on advice of the director of the budget, must assure that expenditures for any particular fiscal year will not exceed the available resources of the general fund or any special revenue fund for that fiscal year." Kansas law forbids the carrying over of a deficit from one year to the next.
The State has five major governmental funds: the General Fund, the Transportation Fund, the Transportation-Capital Projects Fund, the Health Policy Authority Fund, and the Social and Rehabilitation Fund. Annual budgets are adopted on a cash basis with encumbrance modifications for all governmental funds. All major funds are budgeted except for the Transportation-Capital Projects Fund. [from the Institute for Truth in Accounting]
Find the state's bond ratings here.
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K-12 Education :
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HEADLINES: Kansas
With tax cuts and budget deal, Kansas Legislature finishes session
Kansans can expect income tax cuts, a little more education funding and, if the economy doesn't grow quickly, significant cuts in state services as a result of one of the most politically divisive legislative sessions in recent history.
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HEADLINES: Kansas
Talks continue on proposed $14B Kansas budget
Negotiators remain far apart on how to fund increases in public schools, including how much to boost spending and where the money will come from.
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HEADLINES: Kansas
Kan. Senate approves $14.4B budget plan
The Kansas Senate on Wednesday approved a $14.4 billion state budget for the next fiscal year after adding money for public schools and property tax relief.
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HEADLINES: Kansas
Kansas House gives budget first-round approval
Kansas House members gave first-round approval to a proposed $14.1 billion state budget after members boosted spending on mental health services and to help public schools cover unanticipated costs.
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Kansas
Kansas legislators feel the calm before taxes, school funding and pension storm
Kansas Gov. Sam Brownback offered a new glimpse at his still undisclosed state budget plan as lawmakers formally convened the 2012 Legislature and Brownback announced a plan to provide $20.5 million in new funding for career and technical education in the state's elementary and high schools.
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HEADLINES: Kansas
In Kansas, Gov. Sam Brownback puts tea party tenets into action with sharp cuts
In the upcoming legislative session, Gov. Sam Brownback plans to roll out proposals to change the way schools in Kansas are funded, taxes are levied and state pensions are administered.
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HEADLINES: Kansas
New Kansas budget is signed
Gov. Sam Brownback on Saturday signed the 209-page bill outlining the state’s $13.8 billion spending plan.
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HEADLINES: Kansas
Kan. budget talks stall amid dickering, criticism
Negotiations over a $14 billion budget are stalled as legislators haggle over building up the state's cash reserves and face criticism about the education funding cuts they're considering.
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HEADLINES: Kansas
Kan. panel OKs plan to slash spending next year
A plan to slash state spending and leave Kansas with nearly $83 million in the bank next year was endorsed by a state House committee following weeks of debate.
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HEADLINES: Kansas
Budget bill not moving
Kansas House and Senate leaders said a conference committee appointed to settle differences between the two chambers on a bill that would balance the state's budget for the current year had made no progress.
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Solutions: Kansas
A Budget Stabilization Plan for Kansas
This study proposes a budget stabilization plan for Kansas, which is a rules-based approach to state budgeting. A tax-and-expenditure rule is linked to rules for the disposition of surplus revenue. Under a rules-based approach to budgeting, surplus revenue is used to meet emergencies, stabilize the budget over the business cycle and/or earmarked to fund one-time capital projects. Once those needs are met, remaining surplus revenue is returned to taxpayers in rebates or used to reduce tax rates.
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Solutions: Colorado, Kansas
State Pension Funds Fall Off a Cliff
This study examines different measures of historical and current funding shortfalls in state pension plans. Two case studies are examined in greater depth to explore some fatal flaws that have caused funding crises in these plans: Public Employee Retirement Association of Colorado (PERA) and the Kansas Public Employee Retirement System (KPERS).
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Solutions: Kansas
Commonsense Budget Proposal
The Commonsense Budget for Kansas provides some specific examples of the application of these commonsense fiscal policies to agencies and programs to give citizens and law makers a roadmap on how to weather the current economic downturn as well as reduce Kansas' individual income tax rate.
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Kansas
Kan. Senate approves $14.4B budget plan
The Kansas Senate on Wednesday approved a $14.4 billion state budget for the next fiscal year after adding money for public schools and property tax relief.
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Kansas
Brownback endorses using casino funds for pensions
Kansas Gov. Sam Brownback has endorsed a proposal to use revenues from state-owned casinos to bolster the long-term financial health of the pension system for teachers and government workers.
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Kansas
Kansas legislators feel the calm before taxes, school funding and pension storm
Kansas Gov. Sam Brownback offered a new glimpse at his still undisclosed state budget plan as lawmakers formally convened the 2012 Legislature and Brownback announced a plan to provide $20.5 million in new funding for career and technical education in the state's elementary and high schools.
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Kansas
In Kansas, Gov. Sam Brownback puts tea party tenets into action with sharp cuts
In the upcoming legislative session, Gov. Sam Brownback plans to roll out proposals to change the way schools in Kansas are funded, taxes are levied and state pensions are administered.
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Kansas
Retirement plans for state's hires may change
Future employees in the Kansas Public Employees Retirement System and those who aren't vested by July 2013 would have 401K-style investments under a defined contribution plan recommended by the KPERS Study Commission.
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Kansas
Analysis: Pension woes likely to linger
A commission created this year to consider changes for the Kansas Public Employees Retirement System is grappling with the knowledge that whatever it proposes, closing the system's long-term funding gap is likely to squeeze the state budget for years.
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Kansas
Kansas Legislatures Legal Authority to Modify the Kansas Public Employees Retirement System (KPERS)
Report explaining the Kansas legislature's ability to make modifications to benefits under the Kansas Public Employees Retirement System, and specifically describing the legislature's ability to provide for lesser benefits than are currently provided under KPERS.
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Kansas
KPERS refinancing costs head to potential $5 billion
Gov. Sam Brownback, a Republican, and several legislators have been advocating curbing some of that future exposure by offering new KPERS members some version of a 401(k)-style retirement savings plan instead of traditional benefits. -
Kansas
Kan. panel OKs plan to slash spending next year
A plan to slash state spending and leave Kansas with nearly $83 million in the bank next year was endorsed by a state House committee following weeks of debate.
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Colorado, Kansas
State Pension Funds Fall Off a Cliff
This study examines different measures of historical and current funding shortfalls in state pension plans. Two case studies are examined in greater depth to explore some fatal flaws that have caused funding crises in these plans: Public Employee Retirement Association of Colorado (PERA) and the Kansas Public Employee Retirement System (KPERS).
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OPINION: Pensions
Taxpayers get crushed when pensions and bonds collide
This all boils down to who gets to pick taxpayers' pockets first, public pensioners or municipal bond investors? More people are waking up to the hard reality that when it comes to state and local government, somebody has to lose money over the next few decades. The National Association of Bond Lawyers is worried enough about it to issue "Considerations" for advising clients who think they're getting safe investments.
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BLOG: Pensions
COMMENTARY: Municipal, state pension reform message gaining momentum
Despite an organized campaign to stop public pension reform, reality is beginning to break through. One recent report outlines a possible path to long-term solutions and another details the necessity of states and municipalities finding their own way because federal bailout is impossible. And Chicago Mayor Rahm Emanuel released a plan that could have been based on both reports.
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OPINION: Pensions
Public pension 'best practices' omit 1 thing: How do we pay benefits?
Hey, young public employees, what are you going to do when your pension checks bounce after you paid in for decades? That is what will happen in many - maybe all - states and municipalities sooner or later if they do not reform right now. If you want to see the future, just look at Illinois. One citizen there did, and came up with a real reform plan that might work.
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OPINION: Pensions
COMMENTARY Municipal, state workers should take their pension money and run, fast
Public employees should take their pension money now and run to avoid risk of getting reduced benefits - or nothing - in the future. It's the best deal for them and for taxpayers. A growing chorus of credible voices including the Government Accountability Office, a Federal Reserve bank and now the Harvard Kennedy School Mossavar-Rahmani Center for Business and Government confirm state and local government finances are "spiraling out of control" and even draconian reforms only make it "more likely" that future benefits will paid in full.
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BLOG: Pensions
COMMENTARY: This plan could save municipal, state workers' pension checks
Hey, young public employees, what are you going to do when your pension checks bounce after you paid in for decades? That is what will happen in many - maybe all - states and municipalities sooner or later if they do not reform right now. If you want to see the future, just look at Illinois. One citizen there did, and came up with a real reform plan that might work.
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BLOG: Pensions, Federal Government Impact
COMMENTARY: Fed screams softly in warning about public pension crisis
This is what it sounds like when the Federal Reserve Bank screams: "Much has been written about the various headwinds restraining economic activity over the near term. However, our economy also has other headwinds to confront over the medium- to-longer-term. ... the finances of some state and local governments are also under stress and in need of serious adjustments." - Federal Reserve Bank of Cleveland President Sandra Pianalto
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BLOG: Budget Gimmicks, Budget Processes and Systems, Measures to Balance Budgets
The Skinny on Taxes: the "Skin" tax
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BLOG: Federal Government Impact, Budget Processes and Systems
Obama Takes Aim at the Midwest
Not only will agricultural subsidies legislation disproportionately affect the budgets of Heartland states, it also may play a more influential role in the upcoming Presidential election than a cursory count of electoral votes and voting trends indicate.
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BLOG
Weekly State Budget Update
Connecticut, Kansas, Indiana and Nebraska are finalizing their budget for the coming fiscal year(s). Read about those states and see the budget deficits in all 50 states.




