Cash Reserves Archives - Kansas Policy Institute

Gov. Kelly’s 2020 budget: Five things you should know 0
- Tax & Spending
- January 20, 2020
Governor Kelly had an opportunity to exhibit fiscal restraint when presenting her budget last week. With state tax revenues coming in higher than expected – partly because of recent record tax hikes – the Kelly Administration missed a chance to build a structurally-balanced budget. Instead, this budget breaks a new record in spending for the
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Busting the Kansas PTA MythBusters 0
- Education
- March 26, 2019
The March 2019 issue of the Kansas PTA MythBusters begins with this statement: “Be aware that statistics can be used to provide clarity or to create a cloud of doubt to misdirect.” It then proceeds with a litany of misdirection, including: Misdirection #1: “over $1 billion in cuts made to public schools…” since 2009 Fact:
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Make school spending more efficient and effective 0
- Education
- October 1, 2018
Our 2018 Voter Issue Guide lists five critical issues that should be at the forefront of policy discussions in Kansas. This article provides a deeper examination of the school efficiency challenge, which is the third of five issues covered in the 2018 Voter Issue Guide. The first installment discussed the $3.7 billion budget shortfall and the
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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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