State lawmakers have drafted a budget deal that includes a bonus for state workers.
Three senators and three House members agreed Thursday on budget legislation. They shook a gloomy state revenue report and ignored that the state’s bond rating has been downgraded by Moody’s Investor Services.
The proposal now includes $11 million dollars to give the state’s nearly 38,000 state employees a one-time, $250 bonus.
The budget agreement also preserves guaranteed longevity bonuses for employees with at least 10 years in state government.
Kansas House and Senate budget negotiators have begun working on a spending agreement; they’ve also cast aside a bleak revenue report that could undermine a rosier economic forecast leaders are using to justify higher spending.
The talks started last night, just a few hours after the state Revenue Department reported that April’s tax collections totaled $92 million dollars less than expected.
State officials blamed changes in the federal tax code on capital gains and other income.