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Kansas Children's Cabinet warns of $62M budget gap as tobacco annuity falls short
Summary
Melissa Rooker told the K‑12 budget committee the Children's Cabinet faces a negative ending balance under the House budget baseline because the annual tobacco settlement annuity was smaller than the Cabinet's planned transfers for FY25.
Melissa Rooker, executive director of the Kansas Children’s Cabinet and Trust Fund, told the Committee on K‑12 Education Budget that the cabinet’s FY25 budget faces a shortfall because the annual tobacco settlement annuity was smaller than the amount budgeted.
Rooker said the state received an annuity of $49.9 million in April and that the cabinet’s FY25 budget is currently about $62 million. She explained the cabinet manages two related financial vehicles created by 1999 legislation: the Kansas…
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