OPINION – Deficits on the horizon as state spending explodes

GUEST COLUMN, Dave Trabert, Kansas Policy Institute
How do you go from having a $3 billion budget surplus and stable tax revenue to broke in just a few years? By repeatedly spending more than you take in.
General Fund spending has pretty much been out of control since 2018, the year after the Legislature passed the largest tax increase in state history. There was a brief dip in 2022 during the Great Recession; however, spending subsequently exploded.
Spending would have been approximately $8.4 billion in FY 2025 (the year ended June 30) if it had merely increased in line with inflation, but actual spending was $10.9 billion. That’s a 64 percent jump over seven years, while inflation was 27 percent.