• HOME :
  • NEWS :
  • KELLY’S BUDGET ALLOWS EARLY RETIREMENT OF $586 MILLION IN DEBT, DROPS $600 MILLION INTO RESERVE

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

JANUARY 13, 2022 | by Tim Carpenter | KANSAS REFLECTOR

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.”

VIEW LESS