Friday, March 9, 2012
A key Kansas House committee is nearing the end of its work on a draft of the state budget.
The House Appropriations Committee planned to meet most of Friday to complete work on the bill. Chairman Marc Rhoades, a Newton Republican, says it closely follows the budget submitted by Republican Gov. Sam Brownback.
Rhoades says the measure will retain Brownback's goal of having a projected ending balance of $465 million as of June 30, 2013. That would satisfy a law requiring Kansas to have a reserve account equal to 7.5 percent of state general fund expenditures.
The Senate is working on a version of the budget as well.