Payroll jumps in Shawnee Mission but not for teachers
- Education
- August 22, 2018
Kansas sits on a massive influx in taxpayer cash. By June, the state’s ending balance is expected to hold a $3 billion surplus as monthly tax revenues continually exceed expectations. On top of this, the state also has its second round of federal ARPA relief funds hitting coffers in May. Kansas isn’t unique in this
READ MORETruth in Accounting’s Financial State of the States for 2021 ranks Kansas 27th in fiscal health nationwide with an overall grade of a D. This rank is due to the state’s $7,500 burden per taxpayer to pay off its $6.7 billion in debt, including unfunded retirement benefit and pension plans. The state has “only set
READ MOREIt is needed now more than ever for the Kansas government to adjust its budget like many Kansas families and businesses are doing today. Kansans painfully adapted to life during the pandemic, but governments around the state have done little to no belt-tightening. With the state 2020 election behind us, Kansans must acknowledge that the
READ MOREInformation provided by the Kansas Public Employees Retirement System (KPERS) shows school officials top the list of KPERS ‘millionaires’ — people who will collect at least $1 million in pension benefits during their first 20 years of retirement. But while government retirees are collecting generous pensions at taxpayers’ expense, the system’s unfunded liabilities are nearly
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