Cash Reserves Archives - Kansas Policy Institute

School cash reserves set new record at $952 million 0
- Education
- September 18, 2018
Despite claims of being horribly underfunded, Kansas school cash reserves set another new record of $952 million this year. And that’s just their operating funds; districts also set new records for capital outlay reserves ($528 million) and debt service reserves ($581 million). Total carryover cash reserves, including record-setting federal cash balances of $48 million, hit
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Kansas is Top Ten in the wrong education categories 0
- Education
- August 24, 2018
The Kansas Association of School Boards falsely claims Kansas is in the top ten for student achievement, but Kansas does have some top ten rankings – and they’re in all the wrong categories. Newly released data from the U.S. Census Bureau for the 2016 school year shows: –Kansas has the 2nd highest growth rate in cash
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School Cash Reserves Nearly Triple State Budget Requirement 0
- Education
- November 27, 2017
State legislators are legally required to keep cash reserves equal to 7.5 percent of General Fund spending but the average Kansas school district had nearly three times that level – 19.3 percent – in reserve at the beginning of the 2017 school year. That disparity should prompt considerable discussion in the upcoming legislative session. A
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School District Cash Reserves at Record Highs 0
- Education
- October 21, 2017
At the same time courts and taxpayer-funded school lawyers claim school districts to lack adequate funding, school district cash reserves set new records last year according to the Kansas Department of Education. Total cash reserves set a new record at just over $2 billion and each major category also set new records. Operating cash reserves
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Kansas Ranked 6th for State School Funding 0
- Education
- June 25, 2017
New data from the U.S. Census Bureau shows Kansas had the 6th highest share of school funding provided by state government in 2015. State school funding comprised 66 percent of total funding in Kansas, while the national average for state school funding was 47 percent. The national average for local taxpayer support was 45 percent
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School Cash Reserves Hit $203 Billion 0
- Education
- June 23, 2017
U.S. Census data just released shows school cash reserves for 45 states set a new record in 2015 at $203 billion, up from $188 billion in 2014. Alaska, Hawaii, Maryland, North Carolina, Virginia and the District of Columbia are not included in the totals because Census says their schools districts’ holdings cannot be separated from
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