Tuesday, November 17, 2015

New budget forecast predicts $354 million deficit for Kansas through 2017 - Associated Press

Kansas has slashed its revenue projections, and Republican Gov. Sam Brownback's budget director has announced immediate budget adjustments so the state keeps paying its bills on time. State officials and university economists on Friday issued a new, more pessimistic forecast for state government. The new forecast predicts $354 million less in state revenues from now through June 2017 than previously predicted. The new forecast created a deficit in the state's current budget. http://www.kshb.com/news/state/kansas/new-budget-forecast-predicts-354-million-deficit-for-kansas-through-2017