TOPEKA, Kan. (AP) — An investment banking company has briefed Kansas officials on its expertise in tobacco settlement payments as child advocates say the state is pursuing a future sale to help close the budget deficit.

The Topeka (Kan.) Capital-Journal reports that Kansas Action for Children alleged during a Tuesday hearing that Gov. Sam Brownback’s administration was contemplating selling future tobacco settlement payments to generate more than $400 million in one-time cash.

Administration officials say there’s no deal but that discussions have taken place.

The nonprofit group provided a copy of the 26-page presentation Citigroup Inc. gave in October, highlighting the benefits of using the company to securitize. The document says that bond proceeds have been used for capital projects, endowments, pension funding and working capital.