GOV BROWNBACK LOOKS TO TOBACCO TO FIX BUDGET

Posted on April 21, 2016


Reuters: “Kansas Governor Sam Brownback offered options on Wednesday for dealing with sinking revenue for the state’s current and next budgets, including the sale of tobacco bonds. With the fiscal 2016 revenue estimated to drop by nearly $94 million and fiscal 2017 revenue expected to be $134.7 million less than previously projected, the Republican governor said Kansas could raise about $158 million through its first sale of bonds backed by its share of a 1998 multi-state settlement with U.S. tobacco companies.”

Back to tobacco.

.


Reuters: Kansas governor eyes tobacco bonds for budget fix

Advertisements
Posted in: News, Politics