The Consensus Estimating Group met today to revise the November 15, 2024 StateGeneral Fund (SGF) estimates for FY 2025 and FY 2026. The revisions include the estimated impact of all 2025 legislatio…| KLRD
Pursuant to KSA 75-6701, the most recent estimates of State General Fund (SGF) receipts for FY 2025 and FY 2026 have been adjusted to reflect the fiscal impact of legislation involving receipts to the SGF enacted during the 2025 Legislative Session subsequent to the Consensus Revenue Estimate (CRE) made on April 17, 2025 (see TableContinue reading "Legislative Adjustments Memo 2025"| KLRD
Estimates for the State General Fund (SGF) are developed using a consensus process that involves the Division of the Budget, Kansas Legislative Research Department, Department of Revenue, and three consulting economists from state universities. This estimate is the base from which the Governor and the Legislature build the annual budget. Consensus revenue estimates are basedContinue reading "CRE Long Memo Spring 2025"| KLRD