DALLAS — A steeper-than-expected decline in Kansas state tax collections could require quick budget cuts totaling $460 million to balance the books for fiscal 2010, with more in store in fiscal 2011.

The Consensus Revenue Estimating Group on Thursday revised its official prediction of fiscal 2010 revenue by $235.2 million. The new estimate of $5.3 billion in state general fund collections represents a 5% drop from final fiscal 2009 revenue of $5.6 billion and a 4.2% drop from April’s estimate.

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