•  
Subscribe

Please complete the following form to subscribe to Mike's email newsletter.


 

Status updates posted using the service of www.twitter.com

  •  

Follow me on Twitter

 
You are here: Home → News & Media → News Releases → Topeka Lawmaker Stresses Need for Budget Stabilization Fund

Topeka Lawmaker Stresses Need for Budget Stabilization Fund

IMMEDIATE RELEASE
January 14, 2009

 
For more information, contact:
Rep. Mike Burgess
785/296-7653

 

TOPEKA LAWMAKER STRESSES NEED FOR BUDGET STABILIZATION FUND

Topeka – Kansas State Representative Mike Burgess (R-Topeka) stressed today the need for the state to establish a budget stabilization fund. 

“Our economy goes through highs and lows – right now, it has hit a low and we face some difficult budget decisions,” Representative Burgess said.  “By establishing a budget stabilization fund and then directing into it revenue that exceeds our needs during the good years, we will have a savings account to lean on during the difficult time – making us better prepared for a down turn in the economy.  A government that is more stable in funding will be able to operate more efficiently.”   

Rep. Burgess said the key to the fund will be to require legislative action to re-fund it when possible. 

“Obviously, this is a tough budget year, but I think it is important to create the statutory framework for the fund so we create a process to put money aside during the good years,” Burgess said.

Establishing a budget stabilization fund is part of the Kansas House Republican Caucus 2009 Agenda announced today.  Burgess said he look forward to working with his fellow lawmakers on this legislation.

-30-