![]() ![]() KLRD shows Kansas would end FY 2028 with $2.7 billion in its ending balance and $1.8 billion in the Budget Stabilization Fund, totaling $4.5 billion in reserves. ![]() Governor Kelly vetoed SB 169 earlier this year, partly because she (falsely) said tax relief would destabilize the budget. Throughout the legislative session, the same arguments were used over and over against the flat tax, one of the favorites of Laura Kelly being that it would bankrupt the state and take us “Back to Brownback.” However, a recent budget profile released by the Kansas Legislative Research Department dispels this rumor. This year, a flat tax in the form of SB 169 failed just short of overcoming Governor Laura Kelly’s veto – largely due to legislators trying to spite one another at the last minute versus actual criticism. The forecast also assumes the Legislature will not subsidize local government with built-in transfers, as has been the case since 2004. KLRD prepared the forecast at the request of Senate Tax Chair Caryn Tyson and includes increased costs each year for spending increases on school funding and human services needs. ![]() The long-term budget projection shows the state would have a $4.5 billion surplus after four full years of tax relief in SB 169, had Governor Laura Kelly’s veto been overturned. Concerns that the flat tax in Senate Bill 169 would create budget deficits should be dismissed based on new budget data from the Kansas Legislative Research Department (KLRD). ![]()
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