Cash Reserves Archives - Kansas Policy Institute

2021 Legislator Briefing Book also has good value for taxpayers 0
- Tax & Spending
- January 14, 2021
Our 2021 Legislator Briefing Book is designed to give legislators and taxpayers a quick-reference guide that provides background and perspective on state spending, tax facts, economic conditions, and K-12 education. It’s all government data, but much of it is hard to find. And the data often contradicts what you’ve heard from media and government officials. READ MORE
Federal bailouts of state budgets hasten fiscal disaster 0
- Tax & Spending
- September 16, 2020
Early this month, Governor Kelly testified to Congress, asking for federal bailouts of Kansas’ billion-dollar budget shortfall. However, bailing out Kansas’s budget shortfall cements poor fiscal management, puts Kansans at financial risk, and hastens a federal fiscal disaster. According to the Kansas Legislative Research Department, Kansas went from an ending balance of $1.1 billion in
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School cash reserves set new record at $2.3 billion 0
- Education
- September 14, 2020
In yet another affront to students and taxpayers, school districts increased cash reserves by $107 million last year, setting a new record of $2.3 billion. The largest portion, operating cash reserves, increased from $942 million to $998 million. Cash set aside for debt payments went from $605 million to $649 million, capital outlay reserves increasedREAD MORE

Kelly’s K-12 budget plan favors government over taxpayers 0
- Education
- June 26, 2020
When Governor Kelly signed the school funding bill in 2019, she knew it would create large budget deficits within two years. One highly placed source asked her what she would do if the state ran short of money, and she replied, “Well if we can’t afford it, I’ll just tell the court we can’t afford
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School budgets: savings opportunities abound 0
- Education
- May 11, 2020
Last week we explained why we believe education budgets shouldn’t be exempt from COVID budget cuts. In short, there can be no ‘sacred cows’ when the state is facing upwards of a $1 billion budget deficit next year and K-12 consumes about half of General Fund spending. Today we’ll explore some of the many school
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Education shouldn’t be exempt from COVID budget cuts 0
- Education
- May 5, 2020
With the State of Kansas facing up to a $1 billion shortfall next year in an $8 billion General Fund budget, there can be no ‘sacred cows’ exempt from COVID budget cuts. K-12 education consumes about half of the budget and with $843 million in funding, higher education takes another 11%. Most legislators knew the
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