ksal.com

Salina, KS

Now: 32 °F

Currently: Cloudy

Hi: 32 °F | Lo: 23 °F

Wednesday

Hi: 52 °F 

Lo: 37 °F

Thursday

Hi: 67 °F 

Lo: 50 °F

Friday

Hi: 75 °F 

Lo: 39 °F

Saturday

Hi: 62 °F 

Lo: 37 °F

Sunday

Hi: 65 °F 

Lo: 46 °F

Salina Technical College
Santa Stash 2017

Tax Revenues Down Again in Kansas

Associated Press - October 2, 2015 6:18 am

Kansas collected $31 million less in taxes than anticipated last month, a shortfall that could tighten the state’s budget picture.

The state Department of Revenue reported Thursday that the state took in $534 million in taxes, when its official fiscal forecast projected $565 million. The shortfall was about 5.5 percent.

Tax collections were almost equally as short of expectations in August, but the department attributed that month’s shortfall to larger-than-expected income tax refunds.

Since the fiscal year began in July, tax collections have been $67 million short of expectations, or about 4.7 percent off at about $1.37 billion.

Revenue Secretary Nick Jordan noted that taxes from oil and gas production failed to meet expectations in September because of fallen energy prices. He also said farm income has declined.

 

City of Salina