State budget shortfall worry Kansas farm leaders

WICHITA, Kan. (AP) – The new president of the Kansas Farm Bureau says the state needs to rebalance its income, sales and property taxes in the wake of revenue shortfalls created by massive income tax cuts.

Rich Felts took over as president of the state’s largest farm organization in December. He said Tuesday that he worries that property taxes may be increased in the waning days of the legislative session this spring as lawmakers struggle to close the budget hole.

While a proposal to dramatically increase property taxes on Kansas agricultural land appears dead for now, farm leaders are warily eyeing whether property tax hikes will resurface as an amendment to a bill.

The GOP-dominated Legislature must close a projected budget deficit of nearly $600 million for the fiscal year beginning July 1.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s