Salina, KS

Now: 76 °

Currently: Clear

Hi: 77 ° | Lo: 54 °

Kansas Taxes Nearly $12M Short of Expectations in March

KSAL StaffApril 3, 2017

Kansas is reporting that its tax collections in March fell nearly $12 million short of expectations.

The Department of Revenue said Monday that the state collected almost $429 million in taxes last month when it had projected it would take in more than $440 million. The monthly shortfall was 2.7 percent.

The state had seen tax collections that had exceeded expectations the previous four months. Even with the shortfall in March, the state’s tax collections are still nearly $57 million ahead of expectations for the current fiscal year that begin in July 2016.

Legislators had seen the previous greater-than-expected tax collections as a positive sign as they consider raising taxes to fix the state’s serious budget problems. Kansas is facing budget shortfalls totaling more than $1 billion through June 2019.]

Copyright © Meridian Media, 2022. All Rights Reserved. No part of this story may be reproduced without Meridian Media’s express consent.

CATEGORIES :

RELATED POSTS

Kettle Campaign $39,000 Short

December 13, 2017 7:51 pm


STAY IN TOUCH!

GET OUR APP!

LATEST POSTS

K9 Helps Apprehend Suspec...
September 26, 2022Comments
Camper Fire Suppressed
September 26, 2022Comments
Bullets Sprayed at Salina...
September 26, 2022Comments
Motorcycle Rider Killed i...
September 26, 2022Comments

LATEST TWEETS

Read all tweets