A new, stable fiscal forecast for Kansas reinforces the dynamics of a debate over tax cuts
Release time：2024-04-20 22:33:52 Source：Global Grid 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.
- Previous：Saudi Arabia extends voluntary cut of oil production
- Next：U.S. Supreme Court rules Trump can remain on Colorado primary ballot
Related articles
- The 12 jurors picked in Trump's hush money trial, including a woman who called him 'selfish'
- Rescued man from Kinmen fabricates false occupational info: Spokesperson
- China to see more flights in summer
- U.S. quietly signs off more bombs, fighter jets for Israel: U.S. media
- Erling Haaland is a doubt for Man City's FA Cup semifinal against Chelsea
- Protection of consumers' personal information highlighted in China's new regulations
- Mainland willing to assist with post
- Researchers uncover future variations of irrigation water use in China
- Angel Reese gushes over Caitlin Clark as she put rivalries aside at last week's WNBA Draft
- Targeted shooting leaves man injured in Australia's Melbourne
- Taylor Swift channels her bridal Grammy look in Fortnight video teaser
- No casualties reported in Russian city of Orsk after dam breach
- HKSAR chief executive signs safeguarding national security ordinance
- Universities urged to help students grow
- Music legend reveals they are working on tell
- Bodies of foreign aid workers transferred to Egypt from Gaza
- UN plans mission to Gaza's Al Shifa hospital after Israeli withdrawal
- Four people charged in the case of 2 women missing from Oklahoma
- Mexican families searching for missing relatives unite to draw attention to their plight
- Mainland spokesperson voices support for law enforcement patrols around Kinmen
Random recommendation
- Copyright © 2024 Powered by A new, stable fiscal forecast for Kansas reinforces the dynamics of a debate over tax cuts ,Global Grid news portal sitemap