Moody’s: Kansas, Missouri ill-prepared for COVID revenue declines0

• Tax & Spending
• April 20, 2020

The state budgets of Kansas and Missouri are among the worst-prepared states in the nation, according to an April 9 report from Moody’s Analytics.   The main reason is that both states are below the national average in rainy-day balances as a percentage of fiscal 2019 general fund revenues. According to Moody’s, Kansas and Illinois are