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Mark Parkinson on Budget & Economy

 


Constitutionally require set-aside for emergency fund

It is time that we take steps to make sure that the state never again finds itself facing this kind of fiscal challenge. There are many reasons for the budget problems that we have. One is that we came into last year without an emergency fund. This is unacceptable.

Downturns are inevitable. Every business and family knows this, and those that are able develop reserve funds to prepare for those downturns. It is time for the state to do the same. I am asking you to pass the Constitutional Amendment that would require us to set a portion of state revenue aside to create an emergency fund. In years of declining revenue we would tap into the fund and avoid the situation we are currently in. It is time that we put our fiscal house in order and lay the foundation for a solid financial future for this state.

During a recession, people give up; once they give up, a recession can become a depression. My message to Kansans tonight is this: don't give up. There are too many reasons for genuine optimism.

Source: Kansas 2010 State of the State Address , Jan 11, 2010

Other governors on Budget & Economy: Mark Parkinson on other issues:
KS Gubernatorial:
Sam Brownback
KS Senatorial:
Jerry Moran
Pat Roberts

Newly seated 2010:
NJ Chris Christie
VA Bob McDonnell

Term-limited as of Jan. 2011:
AL Bob Riley
CA Arnold Schwarzenegger
GA Sonny Perdue
HI Linda Lingle
ME John Baldacci
MI Jennifer Granholm
NM Bill Richardson
OK Brad Henry
OR Ted Kulongoski
PA Ed Rendell
RI Donald Carcieri
SC Mark Sanford
SD Mike Rounds
TN Phil Bredesen
WY Dave Freudenthal
Newly Elected Nov. 2010:
AL: Robert Bentley (R)
CA: Jerry Brown (D)
CO: John Hickenlooper (D)
CT: Dan Malloy (D)
FL: Rick Scott (R)
GA: Nathan Deal (R)
HI: Neil Abercrombie (D)
IA: Terry Branstad (R)
KS: Sam Brownback (R)
ME: Paul LePage (R)
MI: Rick Snyder (R)
MN: Mark Dayton (D)
ND: Jack Dalrymple (R)
NM: Susana Martinez (R)
NV: Brian Sandoval (R)
NY: Andrew Cuomo (D)
OH: John Kasich (R)
OK: Mary Fallin (R)
PA: Tom Corbett (R)
RI: Lincoln Chafee (I)
SC: Nikki Haley (R)
SD: Dennis Daugaard (R)
TN: Bill Haslam (R)
VT: Peter Shumlin (D)
WI: Scott Walker (R)
WY: Matt Mead (R)
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Page last updated: Nov 23, 2011