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New Thumbtack Survey Shows Kansas Business Owners Feeling Increasingly Positive about State Business Climate. http://bit.ly/1IPMQ0L


New Survey Shows Kansas Business Owners Feeling Increasingly Positive about State Business Climate
www.kansaspolicy.org
Thumbtack.com has begun tapping its nationwide network of independent service providers and contractors to build a monthly survey—released for the first time Tuesday—tracking economic outlook sentiments and unique market challenges small business own
Sat, 23 May 2015 02:00:01 +0000
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You're telling me the "Better Service, Better Price" thing has actually been implemented - AND WORKED - in a state! https://www.youtube.com/watch?t=1812&v=RGg6w5jA_Tg


Mitch Daniels on How to Cut Government & Improve Services

Former Indiana Gov. Mitch Daniels served in office from 2005 to 2013 and in eight short years accomplished more than most politicians manage in a lifetime. H...
Fri, 22 May 2015 18:04:35 +0000
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Kansas Center for Economic Growth misleads on job growth...again! http://bit.ly/1HzFfDn


KCEG misleads on job growth – again
www.kansaspolicy.org
The latest misleading claim on job growth from the Kansas Center for Economic Growth is loaded with misleading and irrelevant information; they don’t fully disclose their methodology and at this writing they have ignored our request to explain it.&am
Fri, 22 May 2015 18:00:01 +0000
Last Refreshed 5/29/2015 4:10:05 AM
KPIBlog
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End the Hypocrisy Over Use of Reserve Balances
Posted by Dave Trabert on Wednesday, March 14, 2012

Have you noticed that some of the same people who say the State should spend its surplus balance have a completely opposite opinion about school districts?

Today’s story in the Topeka Capital-Journal about House Appropriations recommendations on school funding misstates what was actually proposed.  School funding would not be 'cut' in the sense that money is taken away.  As explained today in the Wichita Eagle, the Governor's budget proposed adding $29 million this year and the House Appropriations action is simply eliminating the proposed increase.

The rationale for not increasing funding is that districts already have the money in carryover cash reserves – state and local tax dollars provided in prior years that were not spent.  Legislation passed last year gives districts the authority to transfer up to $154 million to current operations this year and to date, only $24 million of that authority has been exercised.  Even if districts used the entire $154 million, they would still have about $700 million left over, plus another $837 million in Capital Outlay and Debt Service funds.

School districts' balances in their current operating funds have increased 90% over the last six years, going from $458 million to $868 million.  Those balances increased every single year, which means districts didn't spend all of their tax dollars...every single year.

All government entities need some degree of surplus balances but district balances are much larger than state balances.   And not just in total dollars.  The state's goal is to have the statutorily required ending balance equal to 7.5% of General Fund expenditures.  School districts' ending balances in their current operating funds (everything but capital and debt service) represented 11.7% of current expenditures in 2006 and increased to 16.0% by 2011.  The current reserve ratio is somewhere between 16.6% and 18.8%, depending upon which budget figures one uses from KSDE.  Carryover cash reserve balances by district are available on KansasOpenGov.org.

We agree that excess reserves should be used to fund current operations instead of taking more money from taxpayers.  Those who believe the State of Kansas should give some of it's relatively small surplus to school districts should be consistent and call for school districts to tap their own large reserves instead of asking taxpayers for more money.

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