Kansas Gov Laura Kelly will get her first real look at how much economic harm the coronavirus pandemic could squeeze the state budget.
State officials, legislative researchers and university economists plan to issue a new fiscal forecast today. The forecast for the state government is expected to be more pessimistic than the current one.
They’ll revise the state’s projections for tax collections. The collections is widely expected to decrease. From the start of the current 2020 budget year in July through March, the state’s tax collections were running 3.2% ahead of budget. However, the economic loss and impact of the pandemic hasn’t been felt until now.