Kansas revenue estimate rises slightly; forecast warns of structural imbalance
The Consensus Revenue Estimating group revised general fund receipts up for fiscal years 2025 and 2026 but the updated forecast shows shrinking ending balances and a structural shortfall driven by higher expenditures and tax law changes, officials said at a press conference.
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The Kansas Consensus Revenue Estimating group revised its state general fund receipts upward for fiscal 2025 and fiscal 2026 at a press conference, but officials warned the updated profile still shows rapidly eroding reserves and a structural imbalance.
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