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Saturday, September 25, 2021

Brownback Signs Off On $291M State Budget Band-aid

The State of Kansas will use $291 million in internal government borrowing to avoid a deficit in its current budget and pay bills on time through June.

Gov. Sam Brownback signed the budget bill into law Tuesday. The measure allows the state to avoid short-term cuts in aid to public schools, social services and other programs.

The state plans to liquidate a special investment fund and loan most of the proceeds to its main bank account to cover general spending before the fiscal year ends on June 30. The loan is promised to be paid back over seven years.

Kansas will still face projected budget shortfalls totaling $989 million for the next two years starting in July. However, the gaps could shrink Thursday after state officials and university economists issue new revenue projections.

 

 

Derek Nesterhttps://sunflowerstateradio.com
Derek Nester was born and raised in Blue Rapids and graduated from Valley Heights High School in 2000. He attended Cowley College in Arkansas City and Johnson County Community College in Overland Park studying Journalism & Media Communications. In 2002 Derek joined Taylor Communications, Inc. in Salina, Kansas working in digital media for 550 AM KFRM and 100.9 FM KCLY. Following that stop, he joined Dierking Communications, Inc. stations KNDY AM & FM as a board operator and fill-in sports play-by-play announcer. Starting in 2005 Derek joined the Kansas City Chiefs Radio Network as a Studio Coordinator at 101 The Fox in Kansas City, a role he would serve for 15 years culminating in the Super Bowl LIV Championship game broadcast. In 2021 he moved to Audacy, formerly known as Entercom Communications, Inc. and 106.5 The Wolf and 610 Sports Radio, the new flagship stations of the Kansas City Chiefs Radio Network, the largest radio network in the NFL. Through all of this, Derek continues to serve as the Digital Media Director for Sunflower State Radio, the digital and social media operations of Dierking Communications, Inc. and the 6 radio stations it owns and operates across Kansas.

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