Kansas sales tax collections exceed expectations

State tax revenue exceeded projection in June but the fiscal year total was less than anticipated.

By

State News

July 5, 2024 - 2:33 PM

Kansas capitol building. Photo by KANSAS REFLECTOR/SHERMAN SMITH

TOPEKA — Kansas state government tax collections exceeded expectations in June by $24 million, while total receipts from all tax sources during the just-closed fiscal year trailed estimates by $67 million on more than $10.1 billion in revenue.

The Kansas Department of Revenue said June revenue from income, sales, excise and other tax sources tipped the scale at $1.027 billion. That was 2.4% above the projection for the month, and an increase of 3.9% over the total in June 2023.

Tax revenue in June was closer to predictions than in May when collections were $193 million…

Related
February 2, 2022
January 5, 2022
November 3, 2021
November 5, 2020