Kansas is only three months into a new fiscal year and already tax collections have come in below estimates in each of the three months.
In both August and September, the state missed the mark by more than $30 million. Annie McKay studies the economy with the Kansas Center for Economic Growth.
She says in other years, those revenue shortfalls wouldn’t be a major concern. But this year, Kansas officials were predicting a reserve fund of less than $100 million.