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State Treasurer outlines Build Kansas distributions, unclaimed property payouts and a frozen $50M transfer
Summary
The treasurer’s office briefed the committee on its operating role, Build Kansas matching grant activity and a freeze by the Legislative Budget Committee on a proposed $50 million Build Kansas transfer for FY2027; the office also described increased unclaimed property payouts and said it can produce district-level lists for lawmakers.
Jacob Gillespie, fiscal analyst for the Kansas Legislative Research Department, reviewed the Office of the State Treasurer’s budget materials and summarized the packet: a budget summary, LBC changes and a performance‑based budgeting report. He told members the treasurer’s office acts as the state’s fiscal agent and that large swings in all‑fund totals largely reflect pass‑through activity, notably the Build Kansas matching grant fund.
Gillespie said the Build Kansas fund had an ending balance near $98.3 million and that the Legislative Budget Committee froze a…
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