ksal.com

Salina, KS

Now: 35 °F

Currently: Fair

Hi: 71 °F | Lo: 50 °F

Friday

Hi: 77 °F 

Lo: 37 °F

Saturday

Hi: 62 °F 

Lo: 41 °F

Sunday

Hi: 67 °F 

Lo: 46 °F

Monday

Hi: 71 °F 

Lo: 52 °F

Tuesday

Hi: 56 °F 

Lo: 38 °F

YMCA
Santa Stash 2017

Sales, Corporate Taxes Boost Kansas Revenues

Associated Press - March 31, 2014 7:07 pm

Kansas City Power & Light is appealing a September ruling by Kansas regulators reducing the percentage of annual profit the utility is allowed to return to its stockholders.

A new report says better-than-expected collections of Kansas sales and corporate income taxes helped swell state revenue by $12.2 million more than anticipated in March.

Monday’s report from the state Revenue Department also says tax collections through the first eight months of the fiscal year totaled nearly $4 billion, about $130 million more than expected.

Corporate taxes in March had been projected at $30 million but totaled $47.7 million instead. Sales tax receipts in the month were $7.9 million more than the $155 million that was anticipated. 

The state’s fiscal year runs from July 1 through June 30.

City of Salina