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The Kansas Budget

The Kansas Budget. The budget – a simple overview. Presented by: Representative Melvin Neufeld. Significant Points in the Budget Cycle . July 1 - First day of the state fiscal year October 1 - Statutory date Agency budgets are due to Division of Budget

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The Kansas Budget

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  1. The Kansas Budget The budget – a simple overview. Presented by: Representative Melvin Neufeld

  2. Significant Points in the Budget Cycle • July 1 - First day of the state fiscal year • October 1 - Statutory date Agency budgets are due to Division of Budget • Mid January - State of the State Address • End of January - Fee Agencies Budget Committee meetings begin approximately two weeks after the State of the State Address • First of February - Non-Fee Agency Budget Committee meetings can begin approximately three weeks after the State of the State Address • Mid February - Budget Analysis books should be available approximately four weeks after the State of the State Address • March - Prepare to run Mega Appropriations bill • End of April - Prepare to run Omnibus Appropriations bill • June 30 - Last day of the state fiscal year

  3. Where does the money come from? Total Revenue: $5,356.1 Total may not add due to rounding Source: Legislative Research Department http://skyways.lib.ks.us/ksleg/KLRD/klrd.html

  4. How have the sources changed? Source: Legislative Research Department http://skyways.lib.ks.us/ksleg/KLRD/klrd.html

  5. Who Gets Property Tax Dollars? Source: Legislative Research Department http://skyways.lib.ks.us/ksleg/KLRD/klrd.html

  6. Where does a dollar come from? FY 2007 Approved State General Fund • Individual Income Tax 46¢ • Sales and Compensating Use Tax 38¢ • Corporate & Financial Income Tax 6¢ • Tobacco Taxes 2¢ • Insurance Premium Tax 2¢ • Severance Tax 2¢ • Alcohol Taxes 1¢ • Estate/Succession Tax 1¢ • Other Taxes 2¢ Total Receipts $1.00 Source: Legislative Research Department http://skyways.lib.ks.us/ksleg/KLRD/klrd.html

  7. Where does the money go? Total Expenditures: $5,516.4 Total may not add due to rounding Source: Legislative Research Department http://skyways.lib.ks.us/ksleg/KLRD/klrd.html

  8. Where does a dollar go? FY 2007 Approved State General Fund Expenditures • Department of Education 51¢ • Board of Regents and Institutions 14¢ • Other Education 1¢ Subtotal Education 66¢ • Dept. of SRS (including Hospitals) 11¢ • Health Policy Authority 8¢ • Dept. of Corrections and Facilities 4¢ • Dept. on Aging 3¢ • Judicial, Board of Indigents’ Defense 2¢ • Juvenile Justice Authority and Facilities 1¢ • All Other 5¢ Total Expenditures $1.00 Source: Legislative Research Department http://skyways.lib.ks.us/ksleg/KLRD/klrd.html

  9. What would five years of State General Fund expenditures for K-12 Education look like? Source: Legislative Research Department http://skyways.lib.ks.us/ksleg/KLRD/klrd.html

  10. Where does the money go? Total Expenditures: $11,891.3 Source: Legislative Research Department http://skyways.lib.ks.us/ksleg/KLRD/klrd.html Total may not add due to rounding

  11. Where does a dollar go? FY 2007 Approved All Funds Expenditures • Department of Education 28¢ • Board of Regents and Institutions 17¢ Subtotal Education 45¢ • Dept. of SRS (including Hospitals) 12¢ • Health Policy Authority 12¢ • Dept. of Transportation 10¢ • Dept. on Aging 4¢ • Dept. of Labor 3¢ • Dept. of Corrections and Facilities 2¢ • Judicial, Legislative, and Elected Officials 2¢ • Juvenile Justice Authority and Facilities 1¢ • All Other 9¢ Total Expenditures $1.00 Source: Legislative Research Department http://skyways.lib.ks.us/ksleg/KLRD/klrd.html

  12. Where do state employees work? Total FTE Positions: 40,514.6 Source: Legislative Research Department http://skyways.lib.ks.us/ksleg/KLRD/klrd.html

  13. How Many Employees Work in State Government and School Districts? Source: Legislative Research Department http://skyways.lib.ks.us/ksleg/KLRD/klrd.html Includes approximately 80,600 people working in School Districts and 24,500 people working in State Government in FY 2006 excluding an estimated 14,000 in Regents Institutions

  14. State Debt - What we owe and what are we scheduled to pay? Source: Legislative Research Department http://skyways.lib.ks.us/ksleg/KLRD/klrd.html

  15. State Debt - What does a family of four owe and what are they scheduled to pay? Source: Legislative Research Department http://skyways.lib.ks.us/ksleg/KLRD/klrd.html Calculations for a family of four are based on per capita information

  16. State General Fund Profile(at the Request and Direction of Melvin Neufeld)

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