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Kansas outperforms grim budget expectations, has highest ending balance on record Matthew Kelly, The Wichita Eagle Jul. 6 The state of Kansas overcame bleak expectations to collect 9.3% more tax revenue than expected in the 2021 budget year, the Department of Revenue reported Friday. The $8.9 billion general revenue haul outperformed expectations by $758 million, leaving Kansas with its highest ending balance since at least 1980. The $1.9 billion in reserves represents a quarter of the spending financed by general taxes. A fiscal forecast at the height of COVID-19 shutdowns in April 2020 painted a grim economic picture for the state, projecting a $653 million budget shortfall. By November, analysts were less pessimistic, but the new revenue report is an even more encouraging economic sign.

United statesKansas cityCaryn tysonMike parsonKatie bernardLaura kellySam brownbackKansas legislatureDepartment of revenueParker republicanஒன்றுபட்டது மாநிலங்களில்கன்சாஸ் நகரம்மிச ou ரிகேரியன் டைசன்மைக் பார்சன்கேடீ பெர்னார்ட்