The following is a statement by Governor Kathleen Sebelius regarding efforts today by Republican Leadership to derail the State Finance Council:
“This is a difficult time for Kansas families, seniors, workers and business owners who are dealing each day with the economic challenges presented by this historic recession.
“Last week, I called a meeting of the State Finance Council to consider the issuance of a certificate of indebtedness – a routine action dealing with state cash flow, that allows us to move money from one account to another so we can pay our bills on time. The use of these certificates has been approved every year for the last decade.
“When the State Finance Council last met in December we reviewed the cash flow patterns for this year and asked for a certificate to cover the remainder of the fiscal year. A majority of legislative council members refused to approve a certificate to adequately meet obligations through the end of February.
“Today, the Republican leadership of the legislature told me they would not approve the February certificate, only necessary because of their actions in December, until I sign the 2009 budget bill.
http://www.governor.ks.gov/news/NewsRelease/2009/nr-09-0216b-st.htm