Kansas Officials To Present New Fiscal Forecast
KSCB News - April 13, 2012 8:02 am
Kansas officials and university economists
are preparing to issue new forecasts of state revenue through June
The team scheduled to meet Friday includes legislative
researchers, members of the governor’s budget staff, Revenue
Department officials and economists from three universities.
After reviewing economic trends, the forecasters will issue
revised revenue projections for the current fiscal year, which ends
June 30, and for the 2013 fiscal year, which starts July 1.
The most recent forecasts were issued in November and predicted
Kansas would collect $6.2 billion in revenues in both fiscal years.
But since last July, revenues are running $108 million ahead of
the forecast, a surplus of nearly 3 percent.
Gov. Sam Brownback and legislators will use the new forecast in
finishing a state budget for the next fiscal year.