Kansas counties that relied on oil struggle amid COVID-19
May 1, 2020
WICHITA, Kan. (AP) — The coronavirus shutdown killed oil prices. That could be a killer for local governments in large swaths of Kansas, places long addicted to the tax money that's been lost as companies stop pumping crude from the ground.
In some parts of Kansas, counties depend on revenue tied to oil production to cover as much as a fourth of the local property taxes, according to the Kansas News Service.
With no rebound in prices in a world suddenly awash in a glut of oil, those counties find themselves scrambling to raise taxes elsewhere, slash their budgets, or both.
Ellis County in west...
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