Brownback presentation

Page 1

Kansas Population as a Percentage of United States Population 1.25% 1.20%

29th 1.15% 1.10%

28th

1.05%

32nd

1.00%

32nd 0.95%

0.90%

Projected 32nd

Actual

33rd

0.85%

35th

0.80%

35th 0.75%

1960

1970

1980

1990

2000

Source: U.S. Census Bureau

2010

2020

2030


Kansas Counties with Population Loss – 1% or Higher 2000-2010 Annual Average

There were 28 counties that experienced average yearly population loss of 1% or higher.


Kansas Counties with Population Loss 2010-2013 Improvements

Of those 28 counties, only 4 did not improve. The remaining 24 saw decreases in average yearly population loss.

Wallace, Gove, Sherman, Finney, & Stanton counties now see population growth.


Pro-Growth Tax Reform

7.00 6.45%

6.45%

6.00

Tax Rate Percentage

5.00 4.00 3.9% 3.5%

3.00

2.3%

2.00 1.00

0% 0.00 2012

2018

Top Rate

2012

2018

Bottom Rate

2012

2013

Small Business Rate


FY 2015 Shortfall

Revenues Lowered $205 Million

School Finance Caseloads Increased by $63 Million

Capital Outlay

$34 Million Local Option Budget $19.8 Million Bond & Interest Aid $9.5 Million

Medicaid Caseloads Increased by $46 Million


Additional Support for K-12 Schools Including Allotment – Numbers in Millions $4,500.00 $28.301 $4,000.00

$177.639

$3,500.00

Millions

$3,000.00

$2,500.00 Allotment Amount ($28.3M) Additional Funds ($177M) $2,000.00

$3,864.339

$3,864.339

FY2014

FY2015

$1,500.00

$1,000.00

$500.00

$0.00

FY14 Funding Level


State General Fund Expenditures by Fiscal Year Numbers in Billions $7.00

$6.00

Billions

$5.00

$4.00

$3.00

$2.00

$1.00

$0.00 2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015*


State General Fund Annual Growth Rate

10.6% 10.1% 10.0%

7.6%

8.0%

6.7%

6.0%

5.8%

4.0% 4.0%

2.5% 2.0% 1.4%

0.0%


Percent Change in Private Sector Employment By State 3.36% 2.66% 3.00% 2.29%

1.00%

-1.00%

2000 to 2010

-3.00%

2011 to 2013

-3.16%

-5.00%

-4.83%

-7.00%

-9.00%

-8.57% Illinois

Kansas

*Numbers are calculated using annual averages of private sector employment

Missouri


Nov-14

Sep-14

Jul-14

May-14

Mar-14

Jan-14

Nov-13

Sep-13

Jul-13

May-13

Mar-13

Jan-13

Nov-12

Sep-12

Jul-12

May-12

Mar-12

Jan-12

Nov-11

Sep-11

Jul-11

May-11

Mar-11

Jan-11

7.0

Kansas Unemployment Rate

6.5

10th Lowest in the Nation

6.0

5.5

5.0

4.5

4.0


Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14

Kansas Statewide Employment

1,439,000

1,434,000

1,429,000

1,424,000

1,419,000

1,414,000

1,409,000

1,404,000

1,399,000

1,394,000


1,090,000

Jan '11 Feb '11 Mar '11 Apr '11 May '11 Jun '11 Jul '11 Aug '11 Sep '11 Oct '11 Nov '11 Dec '11 Jan '12 Feb '12 Mar '12 Apr '12 May '12 Jun '12 Jul '12 Aug '12 Sep '12 Oct '12 Nov '12 Dec '12 Jan '13 Feb '13 Mar '13 Apr '13 May '13 Jun '13 Jul '13 Aug '13 Sep '13 Oct '13 Nov '13 Dec '13 Jan '14 Feb '14 Mar '14 Apr '14 May '14 Jun '14 Jul '14 Aug '14 Sep '14 Oct '14 Nov '14 Dec '14

1,140,000

Brownback Administration Job Growth

1,130,000

1,120,000

1,110,000

1,100,000

Total Private Sector Job Growth from January 2011 to December 2014 : 63,000 Jobs

1,080,000

1,070,000


261.5

Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14

Decline in the Size of Government

Public Sector Jobs – Numbers in Thousands

263.5

Total Public Sector Jobs from January 2011 to December 2014 : Decrease of 5,400

259.5

257.5

255.5

253.5

251.5


Kansas New Business Formation Domestic New Entity Filings 15,780

16,000

15,469 15,008 15,000

14,000

13,646 13,354 12,929

13,000

12,831

13,024

12,811 12,387

12,419

12,000

11,347 11,000

10,000 2003

2004

2005

2006

2007

2008

2009

Source: Kansas Secretary of State

2010

2011

2012

2013

2014


Delaware Indiana North Carolina Arizona New Jersey New York Oklahoma Pennsylvania West Virginia California Hawaii Mississippi South Carolina Minnesota Connecticut Illinois Wisconsin Alabama Massachusetts Missouri Rhode Island Maryland Michigan United States Nevada Ohio Utah Virginia New Hampshire New Mexico South Dakota Arkansas District of Columbia Florida Georgia Kentucky Montana Tennessee Idaho Colorado Louisiana Nebraska Texas Iowa Vermont Washington North Dakota Wyoming Kansas Oregon Maine Alaska

Small Business Income Growth

Annual Average Growth Rate Since 2013Q1

7.0%

6.0% 6.0%

5.0% 4.5%

4.0%

3.0%

2.0%

1.0%

0.0%


Hourly Wages Growth 2014 5.0

4.5

4.0

3.5

3.0

2.5

2.0

1.5

1.0

0.5

0.0 Jan

Feb

Mar

Apr

May

Jun

KS Wage Growth

Jul

Aug

US Wage Growth

Note - Shaded area represents wage growth target set by Federal Reserve Board of Governors * - U.S. data is Seasonally Adjusted while KS data is Not Seasonally Adjusted Source: U.S. Bureau of Labor Statistics

Sep

Oct

Nov

Dec


Kansas City MSA Hourly Wages Total Private Current Employment Statistics* $27.00

$2.93 Difference

$26.00

$25.00

$0.40 Difference $24.00

$23.00

$22.00

$21.00 Jan 2011

* - Not Seasonally Adjusted Source: U.S. Bureau of Labor Statistics

Jan 2012

Jan 2013

Kansas City, KS

Kansas City, MO

Jan 2014


Percentage of Months KCK beat KCMO in Private Sector Job Growth By Governor 75% 72.34%

70%

66.67% 65.63% 65%

60%

55%

50%

50.00%

45% Governor Finney

Governor Graves

Governor Sebelius/Parkinson

Governor Brownback


Private Sector Jobs Kansas City, KS and Kansas City, MO Historical Data 2011 to 2014 (Extrapolated 2015 to 2025) 550,000

Private Sector Jobs (Kansas City, KS)

Private Sector Jobs (Kansas City, MO)

Private Sector Jobs (Kansas City, KS) extrapolation

Private Sector Jobs (Kansas City, MO) extrapolation

525,000

Kansas City, MO (2015-2025) rate of growth 1.0% 500,000

475,000

2014 471,658

2011 457,800

450,000 Jobs

Kansas City, KS (2015-2025) rate of growth 1.8% 425,000

400,000 2014 394,450

375,000

2011 373,900 350,000 Note: 2014 estimates are preliminary and subject to revision.

325,000 2011

2012

2013

2014

2015

2016

Note 2015 to 2025 rate of growth is extrapolated from the average growt h rate from 2011 to 2014 Source: Kansas Department of Labor, Labor Market Information Services in conjunction with the Bureau of Labor Statistics

2017

2018

2019

2020

2021

2022

2023

2024

2025

Year

Note: Kansas City MO includes the counties of Bates, Caldwell, Cass, Clay, Clinton, Jackson, Lafayette, Platte, and Ray. Kansas City KS includes the counties of Franklin, Linn, Leavenworth, Wyandotte, Johnson, and Miami



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