Kelly looks to tap cash reserves to balance budget

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January 17, 2020 - 5:12 PM

TOPEKA, Kan. (AP) — Democratic Gov. Laura Kelly proposed Thursday that Kansas burn through more than half of its cash reserves to pay off some debt early while taking longer to close a long-term funding gap for the state pension system for teachers and government workers.

Kelly’s budget director, Larry Campbell, outlined her proposed spending blueprint during a joint meeting of the House and Senate budget committees. He called it a “plan to restore fiscal responsibility” and later told reporters that it “smooths out the ride” for state government in future years.

“There are critical things that need to be done now,” Campbell said during a budget briefing for reporters. “We have commitments to the schools; we have other commitments to foster care and our prisons, and this is just good business.”

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