Printer Friendly
Email to a Friend
Governor Brownback
TOPEKA, Kan. (AP) - Kansas Gov. Sam Brownback and legislative leaders have authorized a record $900 million in temporary borrowing to cover the state's expenses through June 2017.
Brownback and the leaders met Wednesday as the State Finance Council and voted 8-1 to loan the state's main bank account the money from other, idle funds. It's a move the state has used repeatedly to cover bills when cash is projected to be tight.
The vote came after Budget Director Shawn Sullivan said the state likely would have to divert transportation funds and Medicaid fee funds and delay payments to school districts until next month to avoid a projected short-term deficit of $45 million on June 30.
© Associated Press
|
MOST VIEWED STORIES
Holton man killed in Jackson Co crash
Morrill pair arrested on drug, child endangerment charges
Cold case investigation leads to Holton warrant
Horton City Clerk's resignation accepted Monday
Effingham owner regains truck following theft, arrest
Falls City man sentenced to Federal Prison
Ground Broken for new Sac and Fox Trad'n Post
Local residents avoid injury in chain reaction crash
Jackson Co traffic stop leads to arrest
One held for past Atchison shooting
90 mph+ downburst winds blamed for Thursday damage
Wamego man sentenced in second fentanyl-related death
Mayetta pair arrested on meth, child endangerment charges
Stolen trailer, 4-wheeler, recovered in Atchison
Early Thursday storms leave damage, outages, locally
Juveniles face charges following Atchison break-in
Atchison Co's Oswald named honorary bailiff for KS Court
LATEST STORIES
Atchison company earns energy grant; upgrades planned
Winchester native named as Amberwell CEO
April is Alcohol Awareness Month in Nebraska
MoDOT to discuss Holt County bridge projects
Sheriff's Office to take part in drug take back event
Council hears report from golf course
Commission approves agreement for budget help
Pawnee City School Board approves personnel changes
Hazard mitigation planning meeting set for Atchison County MO
Hiawatha, Ks 66434