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Archive for Wednesday, September 30, 2009

State revenue comes up short of projections in September

September 30, 2009

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— Kansas officials say the state’s revenues in September came in $67 million below expectations.

The Department of Revenue released figures Wednesday afternoon on corporate and individual income tax collections for the month.

So far in the fiscal year that began July 1, state revenues are $65 million below the forecasts that formed the basis for the state budget.

Gov. Mark Parkinson issued a statement noting that revenues in August had been slightly higher than expected. Parkinson says the state can manage the overall shortfall through careful management of existing funds.

Comments

mdrndgtl 4 years, 6 months ago

Gov. Parkinson released this statement through his newly-appointed Master Scribe, who read Parkinson's statement verbatim off a piece of gold-laced parchment.

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solsken66 4 years, 6 months ago

The state needs to cut back on expenditures, maybe enact furloughs. The state has missed their projections on revenue receipts by millions for almost every month. I guess all the agencies can keep spending like there is no tomorrow. It would be a shame if Kansas becomes another California.

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scott3460 4 years, 6 months ago

Or stop cutting taxes (State revenue) so much.

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63BC 4 years, 6 months ago

Stop...spending...so...much...then...

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