Kansas' Budget Is Complete, But Revenue Estimates Aren't Playing Along

Williamson, Richard
May 2003
Bond Buyer;5/14/2003, Vol. 344 Issue 31635, p29
Trade Publication
After the Kansas Legislature wrapped up its work on a 10.2 billion dollar budget, revenue estimates on which the budget has continued to decline below expectations. While budget officials are hardly pleased with the development, they are hoping that the decline are due to delays in income tax filings. The April 22, 2003 estimate and a previous estimate made in November 2002 were used to fine-tune the revenue estimates for the 2004 fiscal-year budget, which begins on July 1, 2003. For the fiscal year of 2003, the estimate of tax receipts decreased by 99.1 million dollar.


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