Salina, KS

Now: 32 °

Currently: Fair

Hi: 55 ° | Lo: 29 °

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 © 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

Changes Coming For Kansas License Buyers

December 2, 2017 10:15 am

Proposed Kansas Tyson Plant Paused

November 21, 2017 6:19 am

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