UPDATED: Refinancing of retirement system payments defended


(Updated to correct that the governor wants to end the existing nonrefundable food sales tax credit and replace it with a refundable tax credit)

Gov. Laura Kelly proposed a $19.7 billion budget for 2021 that draws down reserves and counts on using new money that could come from restructuring payments into the state retirement system.

State Budget Director Larry Campbell laid out the new budget for lawmakers Thursday, walking them through the governor's plans to cut food and property taxes while imposing sales taxes for the first time on digital products.

The budget puts $73 million more into . . .


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