Kansas

Sedgwick County faces another round of budget cuts as property valuations stay flat and state aid drops.

Kansans will pay $392 million less in taxes in fiscal 2014 as a result of a 2012 reduction in the state's top income tax rate, the Department of Revenue said.

School districts suing the state over public education funding asked the Kansas Supreme Court to broaden a lower court's decision that the current system is unconstitutional.

Floor debate may begin this week on Gov. Sam Brownback's tax plan following approval by a key Senate committee.

Southwest bond issuance volume rebounded 53% to $64.5 billion in 2012, according to Thomson Reuters data, with prospects for continued stability in the current year.

Kansas Gov. Sam Brownback says he wants to resolve the state's school funding legal dispute through negotiation.

Butler County Unified School District 375, Kansas won overwhelming approval last week for $37 million of GO bonds for a new high school.

A Kansas highway coalition will fight a state House Taxation Committee bill to divert sales tax revenues from a bond-financed transportation program into the general fund.

The two-year proposed state operating budget from Kansas Gov. Sam Brownback draws $560 million from the DOT highway fund to cover non-transportation needs.

Shawnee County Unified School District 345, Kansas, is asking voters to approve $42.5 million of GO bonds for a $57.5 million capital effort on April 2.

Construction costs are going up for projects financed by Sedgwick County Unified School District No. 259’s $370 million of general obligation bonds approved in 2008.

The $12.2 billion two-year state budget proposed last week by Gov. Sam Brownback should result a 7.5% ending balance each year or about $450 million, he said.

Kansas Gov. Sam Brownback wants lawmakers to extend a temporary sales tax so the state's income tax rate can be slashed without loss of revenue.

The Kansas Chamber wants a cut in state corporate income taxes from the 2013 legislative, CEO and former House Speaker Mike O’Neal said last week.

Kansas Legislature must increase state aid to local schools after a Shawnee County District Court said the current level is unconstitutionally low.

Douglas County USD 497 in Lawrence will decide in April on a $92.5 million GO bond issue to upgrade 14 elementary schools and two high schools.

The University of Kansas will ask the 2013 Legislature for $30 million of 10-year bonds to help build a $75 million facility in Kansas City.

Kansas Gov. Sam Brownback will ask the 2013 Legislature to extend a state sales tax increase to partly pay for income tax cuts.

A sale of $200 million of highway revenue bonds by Kansas Department of Transportation will fund the next year of projects in Kansas's 10-year highway program.

Gov. Sam Brownback said last week he was encouraged by an 0.6% increase in state tax collections in November that totaled $441 million, which was $2.6 million more than expected.