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    You are at:Home»State News»Brownback seeks changes to revenue estimating process

    Brownback seeks changes to revenue estimating process

    0
    By KMAN Staff on March 29, 2016 State News

    TOPEKA — Kansas Gov. Sam Brownback is seeking improvements to the revenue forecasting system after the state’s monthly estimates became overly optimistic during the past year.

    The Topeka Capital-Journal reports that Brownback’s administration said Monday that it’ll consult with experts in other states to identify potential changes. The state missed revenue targets for 11 out of the past 12 months, and long-range forecasts have been downgraded during the past two years.

    The governor’s critics say that it isn’t the estimating process, but the state’s tax policy, that’s at fault as revenues continue to drop.

    The state is scheduled to release the March revenue report Friday. If the trend holds, the amount of generated revenue will fall below estimates.

    In the past, Brownback has made budget cuts in response to below-estimated revenue.

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