New Revenue Figures Make Kansas Budget Shakier

By: AP
By: AP

TOPEKA, Kan. (AP) _ Kansas' tax collections were $53 million less than expected in March, putting the next state budget on shakier ground.

The state expected to collect $427 million in taxes.

But a report Tuesday from the Kansas Legislative Research Department said it took in about $374 million, or 12 percent less than anticipated.

Last week, legislators approved a $13 billion budget for the state's 2010 fiscal year, which begins July 1. The Research Department projected the state would end fiscal 2010 with $172 million in cash reserves.

With the new figures, cash reserves would drop to about $66 million. That's because the shortfall in this fiscal year is expected to repeat itself in fiscal 2010.

Many legislators expect to revise the 2010 budget once they return from their annual spring break on April 29.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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