Salina, KS

Now: 92 °

Currently: Clear

Hi: 98 ° | Lo: 73 °

BREAKING NEWS

Kansas collects $3.7M less in taxes than expected this month

KSAL StaffJuly 31, 2015

Kansas collected about $3.7 million less in taxes than it expected in July, largely because of lower-than-anticipated revenues from its newly increased sales tax.

The state Department of Revenue reported Friday that the state collected $417.6 million in taxes, when officials projected $421.3 million. The shortfall is 0.9 percent.

The report came a day after Gov. Sam Brownback’s budget director announced $63 million in adjustments to the state’s $15.4 billion budget to lessen the chances of a deficit. Lawmakers last month increased sales and cigarette taxes as well.

Sales tax collections were $189.1 million for the month, or $3.9 million less than expected. The shortfall was 2 percent.

But the state’s personal income tax collections were $3 million more than expected, at $153 million. The surplus was 2 percent.

This story has been corrected to show that the budget adjustments announced Thursday were $63 million, not $50 million.

Copyright © Meridian Media, 2021. All Rights Reserved. No part of this story may be reproduced without Meridian Media’s express consent.

CATEGORIES :



STAY IN TOUCH!

GET OUR APP!

LATEST POSTS

Semi-Auto Tossed from Sto...
July 23, 2021Comments
Semi Snaps Power Pole
July 23, 2021Comments
Hutchinson Man in Custody...
July 23, 2021Comments
Shoplifter Charged for Dr...
July 23, 2021Comments

LATEST TWEETS

Read all tweets