TOPEKA, Kan. (AP) — A major U.S. bank has given a presentation to Kansas finance officials on securitizing the state’s future tobacco settlement money.

The presentation by Citigroup has raised concerns among child advocates who say selling the future settlement payments to raise cash for the budget deficit would hurt the state’s early childhood system.

A copy of the 26-page Citigroup presentation, provided to The Topeka Capital-Journal by Kansas Action for Children, said Citigroup, “pioneered the tobacco bond market” and shows which states have securitized.

Brownback spokeswoman Eileen Hawley on Thursday said the meeting with Citigroup last October was attended by officials with the Kansas Development Finance Authority and Brownback’s budget director. She says there’s no deal or pending legislation to sell tobacco settlement money.