News

Kelly’s budget allows early retirement of $586 million in debt, drops $600 million into reserve

Tim Carpenter  |  January 13, 2022

By Tim Carpenter, includes “Adam Proffitt, the governor’s budget director, told the Legislature’s budget committee members the governor was intent on eliminating a bundle of accounting gimmicks added to the budget framework over the years to mask financial problems. … It’s a certainty the complete blueprint offered by the governor won’t survive the legislative process led by Republicans, but paying off and avoiding debt, reducing taxes and socking away cash in a rainy-day account hold bipartisan appeal.”

Read the full article on: Kansas Reflector

 
 
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