More Budget Cuts on the Way

By: Associated Press
By: Associated Press

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Gov. Graves says he'll announce another round of budget cuts next week. He's trying to close a projected $310 million shortfall.

Graves won't say if the latest cuts will include reductions in education spending.

He cut spending in August by $41 million, after revenue collections fell short of expectations. Those cuts, with earlier tax increases approved by legislators, were designed to finish the 2003 budget year without running a deficit.

However, revenue estimates now show the need for more cuts, which Graves has been discussing with governor-elect Kathleen Sebelius.

Current estimates project that Kansas will have a budget shortfall of more than $1 billion through fiscal 2004, without cuts or tax increases.

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