There's good financial news for the state of Kansas.
Fitch Ratings, a global credit ratings agency, has upgraded the credit rating for the state of Kansas to AA with a stable rating outlook. This rating is higher than the most recent rating from S&P Global of AA – issued in February 2023. The state has seen s series of downgraded ratings since 2014, when S&P first dropped the rating from AA + to AA.
The recent upgrade is due to recent fiscal responsibility by the state, including efforts to pay off debt, balance the budget, and increase the state Rainy Day Fund.