Opinion Columns & Blogs

Kansas among seven states not expecting revenue growth

The National Conference of State Legislatures says fiscal 2015 is the fifth straight year that most state officials forecast state tax collections to increase compared with the previous year, with Delaware (10 percent) and Oregon (7.8 percent) projecting the most growth. Then there are Kansas, Ohio and Tennessee, where collections are projected to be flat. Alaska forecasts a 15.3 percent decline (because of lower oil production taxes). North Dakota, South Dakota and Illinois also anticipate drops in revenues for various reasons. But the fact that 43 states expect increases “reflects the slow and steady revenue growth most states have experienced since FY 2010 – the collective revenue trough of the Great Recession,” NCSL said in releasing its latest fiscal brief. – Rhonda Holman