Kansas facing nearly $120 million shortfall

“Gov. Sam Brownback will pull money from the state’s highway fund and other sources after state economists projected a $118 million budget shortfall Friday.

“Even after those adjustments, the state is projected to have a cash balance of $5.6 million at the end of June and to face a shortfall of $175.6 million for 2017, the economists said.

“Asked whether the state is in the red, Budget Director Shawn Sullivan replied: ‘Depends on what you look at. We’re basically at zero right now, so yes.’”

Read more here: http://www.kansas.com/news/politics-government/article43476609.html

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