Opinion Columns & Blogs

Are new revenue estimates still too optimistic?

Rep. Mark Hutton, R-Wichita, pressed state research officials Thursday on whether the new, lower state revenue estimates were unduly pessimistic. Had the fact that previous estimates overstated tax revenue caused the estimators to become “gun-shy”? No, the research officials replied. Former state budget director Duane Goossen has the opposite concern. “During April, May and June, income tax receipts must be $147 million higher than that same period last year in order to meet the estimate,” he wrote Friday. “That may happen, but it may be too optimistic.” – Phillip Brownlee