Kansas officials will learn soon whether the state’s tax collections in August met expectations.
The report due Tuesday from the Department of Revenue is coming a little more than a month after Gov. Sam Brownback’s budget director announced $63 million in adjustments to the state’s $15.4 billion budget to lessen the chances of a deficit.
The state finished its 2015 fiscal year on June 30 with tax collections $26 million short of expectations, and collections fell another $5.4 million short in July.
Even with budget adjustments and sales and cigarette tax increases taking effect in July, the state won’t have much of a financial cushion in cash reserves.
Budget problems arose after lawmakers slashed income taxes in 2012 and 2013 at Brownback’s urging as an economic stimulus.