Kansas fiscal forecasters bump revenues by $760 million; fires up food sales tax debate

State economic forecasters on Wednesday boosted their tax revenue estimates by $760 million over two years, leaving Kansas with an ending balance of $3.1 billion and firing up the debate over how fast the food sales tax should be eliminated. The state is anticipated to roll up about $9.3 billion in taxes for the current fiscal year ending in June, up from last fall’s estimate of about $8.9 billion.
Source: Sunflower State Journal