In Kansas, the fiscal year (FY) begins on July 1 of each year. The State of Kansas uses an executive budget in that the budgetary recommendations of the Governor are embodied in appropriation bills, which are introduced, considered, and amended by the Legislature. Interim Most state agencies are required by law to submit budget requestsContinue reading “Introduction to the State Budget Process”
Tag Archives: State Budget
KPERS Tier 3
Created in 1961, the primary purpose of the Kansas Public Employees Retirement System (KPERS or Retirement System) is to accumulate sufficient resources to pay benefits to retired state workers statutorily entitled to those benefits. As of December 2023, KPERS manages approximately $26.41 billion on a market value basis and $27.58 billion in actuarially valued assets.Continue reading “KPERS Tier 3”
2024 Session Budget Publications
2024 CCRBs and Bill Explainers 2024 Budget Conference Comparisons
Legislative Adjustments to FY 2025 Consensus Revenue Estimates Enacted During 2024 Special Session
The most recent estimates of State General Fund (SGF) receipts for FY 2025 have beenfurther adjusted to reflect legislation enacted during the 2024 Special Session that was held June 18. Note: See attached memorandum regarding adjustments as of May 23 to reflect legislation enacted at the end of the 2024 Regular Session. Download the PDFContinue reading “Legislative Adjustments to FY 2025 Consensus Revenue Estimates Enacted During 2024 Special Session”
CRE Long Memo, Spring 2024
Estimates for the State General Fund (SGF) are developed using a consensus process that involves the Division of the Budget, Kansas Legislative Research Department, Department of Revenue, and three consulting economists from state universities. This estimate is the base from which the Governor and the Legislature build the annual budget. Consensus revenue estimates are basedContinue reading “CRE Long Memo, Spring 2024”
Omnibus Memo – April 25, 2024
Download a PDF of the Omnibus Memo here.
Capital Improvement Projects in Topeka
Docking State Office Building State Finance Council Resolution 21-740 approved the renovation of the Docking State Office Building into a three-story building with office and meeting space. The renovated building will have three floors, public lobby and exhibit spaces, state agency office space, shared meeting rooms, wellness and personal health support rooms, and a fitnessContinue reading “Capital Improvement Projects in Topeka”
Introduction to the State Budget Process
This report provides background information on the state budget process. In Kansas, the fiscal year (FY) begins on July 1 of each year. The State of Kansas uses an executive budget in that the budgetary recommendations of the Governor are embodied in appropriation bills, which are introduced, considered, and amended by the Legislature. Interim MostContinue reading “Introduction to the State Budget Process”
Judicial Branch and Board of Indigents’ Defense Services Budget Increases
The Kansas Constitution vests the judicial power of the state in one court of justice, which is divided into the Supreme Court, district courts, and other courts as provided by law. The Kansas Supreme Court has general administrative authority over all the courts in the state. The Judicial Branch’s budget includes funding for the KansasContinue reading “Judicial Branch and Board of Indigents’ Defense Services Budget Increases”
KPERS — Cost of Living Adjustments
How KPERS Benefits Work The 1962 Retirement Act (KSA 74-4901 et seq.) created the Kansas Public Employees Retirement System (KPERS) to provide state employees with retirement, death, and disability benefits. Depending on the time an employee entered service, they are eligible for either KPERS 1, 2, or 3. KPERS 1 and 2 provide a fixed,Continue reading “KPERS — Cost of Living Adjustments”

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