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Archive for Friday, April 29, 2011

Kansas tax revenues for the month of April beat expectations

April 29, 2011

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— The Kansas Department of Revenue says the state collected $22 million more in taxes this month than anticipated.

The preliminary figures released Friday are good news for legislators as they work on a $14 billion budget for the fiscal year beginning July 1.

The $732 million in April tax collections topped the forecast of $710 million by 3 percent.

But the department described sales tax collections as soft. Officials also noted the state received one-time income tax payments totaling $36 million during the month. It declined to name them.

Friday's report was the first since state officials and university economists issued revised revenue projections earlier this month through June 2012.

Comments

ksriver2010 3 years, 9 months ago

Woo hoo tax revenues! Now government can spend, oops I mean save, the day!

Shardwurm 3 years, 9 months ago

Only a sign that we're not taxing people enough.

Jimo 3 years, 9 months ago

Imagine if the Koch Bros. paid their share of taxes!

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