Salina, KS

Now: 34 °

Currently: Cloudy

Hi: 55 ° | Lo: 30 °

Declining Revenues Prompt Concerns

KSAL StaffAugust 4, 2015

Kansas legislators are concerned about lower-than-anticipated sales tax collections by the state over the past few months.

A budget study committee’s members quizzed legislative staff members Monday about possible explanations.

Possibilities they discussed included online sales, a softness in the national economy and Kansas City-area consumers driving to Missouri to make purchases.

Republican Sen. Jim Denning of Overland Park said that if collections follow current trends, sales tax revenues will fall short of expectations by between $30 million and $50 million for the fiscal year that began last month.

Legislators in June approved a plan to avert a budget deficit that increased the state’s sales tax to 6.5 percent from 6.15 percent. The increase took effect in July.

Copyright © Rocking M Media, 2018. All Rights Reserved. No part of this story may be reproduced without Rocking M Media’s express consent.

CATEGORIES :

COMMENTS

RELATED POSTS

Election Privacy Screens Prompt Concern

September 19, 2017 1:30 pm

STAY IN TOUCH!

GET OUR APP!

LATEST POSTS

Retired State Trooper Cha...
January 18, 2018Comments
Cops Tried to Out Underco...
January 18, 2018Comments
Grandson of KSU Football ...
January 18, 2018Comments
“I Love the 90’s ...
January 18, 2018Comments

LATEST TWEETS

Read all tweets
© 2007 - 2018