Kansas

As revenue collections climb, governors are laying out plans to reduce property, sales, and income taxes.

The Kansas Corporation Commission approved a $92.7 million securitization for Atmos Energy. It had already approved $328 million for Kansas Gas Service.

Ratings for Kansas have not changed since it was downgraded three times during the prior decade due to structural budget problems in the wake of tax cuts.

With Texas reporting a double-digit revenue increase in fiscal 2022 and projecting a record budget surplus, Gov. Greg Abbott wants a large property tax cut.

Kansas Gas Service is the third division of Tulsa-based ONE Gas, Inc., to participate in a state-sanctioned securitization related to Winter Storm Uri.

Raymond James has brought two retired school superintendents on board in Kansas City to bolster its Missouri K-12 practice.

A spike in POB issuance last year that was spurred by low interest rates, roaring stock markets, and other factors is likely to wane.

April revenue collections set records in Southwest states as a strong economy and inflation boosted income and sales tax collections, although some officials are urging caution.

In an election year marked by inflation, lawmakers in about 20 states are considering bills to permanently or temporarily ease the sales tax burden.

The taxable bonds will reduce the unfunded actuarial liability of, and employer contribution rates to, the Kansas Public Employees Retirement System.

Kansas closed its fiscal year with tax collections running 9.3% over estimates and its highest reserves since 1980, officials said.

Lawmakers, buoyed by rising revenue estimates, overrode Gov. Laura Kelly's veto of tax cut legislation.

Anticipating a flood of funding from President Biden's infrastructure plan, states are positioning for an expansion of broadband to rural and underserved areas.

UMB claims the bonds for the Kansas hotel project are in default because the developer failed to secure a $52 million loan required by the bond indenture.

The chapter had financial difficulty before the pandemic and wanted to refinance its debt.

Although the pandemic disrupted regular Manhattan-Ogden school operations for the rest of the school year, there's been the small silver lining that construction crews on several district bond projects can start their work, or at least preparation for it, a little earlier.

Laura Kelly is promoting the plan as an economic stimulus.

Richard G. Bartow and his son Richard T. Bartow joined the office this week and will focus on K-12 education.

Kansas Gov. Laura Kelly's $7.8 billion budget calls for an extension of pension obligations while paying down other debt and boosting reserves.

China's recently announced suspension of U.S. agricultural imports escalated trade-related risks to U.S. agriculture, said Fitch Ratings.