Kansas is flush with cash, updates to the state’s fiscal forecast released Wednesday project, and the news is sure to prompt considerable jockeying among legislators and Gov. Laura Kelly over how to spend the expected windfall. The state avoided the worst case scenario of seeing revenues plummet due to COVID-19 and instead has seen its tax collections soar in recent months, with experts saying the state’s economy has rebounded from the pandemic. Officials now project the state will take in $1.3 billion more than initially thought for the current fiscal year, a 17% increase which brings the current revenue estimates to $8.8 billion overall.
Source: GC Telegram
