Medicaid Expansion and Financial Overview slide image

Medicaid Expansion and Financial Overview

Accomplishments • Accomplishments Made Together ~Partnering Together to Strengthen Budgetary Stability~ Closed the Bank of KDOT . Moved into new IKE transportation program Fully funded K-12 five years in a row • Retired nearly $2.0bil in debt ahead of schedule • • Budget Stabilization Fund at $1.7bil Maintained structural balance Provided hundreds of millions of dollars of tax relief Reversed previous budget maneuvers implemented during budget shortfalls Recently improved credit outlook from one rating agency, and a “AA” rating from another rating agency 3
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