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Archive for Wednesday, November 30, 2011

Kansas gets unexpected bump in November revenue

November 30, 2011

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— Kansas revenue collections are up for November, with the state taking in $2.5 million more in taxes than anticipated.

Revenue Secretary Nick Jordan says Wednesday the state collected $2.4 million more in sales taxes than projected.

Overall, Kansas collected $405.8 million in November. A group of economists and researchers had predicted earlier this month that the state would collect $403.4 million.

The state has collected nearly $2.3 billion since the fiscal year began July 1. That's $144.3 million, or 6.7 percent, more than through the same period last fiscal year.

Jordan says the revenue collections show steady growth in the Kansas economy. But he says the state must be careful not to disrupt what he sees as positive trends.

Comments

Michael Sizemore 2 years, 10 months ago

Great! - can I get my personal tax refund check now!?

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jhawkinsf 2 years, 10 months ago

About 2.5 million dollars, roughly one dollar for every resident. Subtract the cost of a stamp and envelope, printing costs, hiring people to stuff the envelope. Oops, you owe money.

Keep the change.

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beerbaron03 2 years, 10 months ago

$2.5 million, wow! That means they can refund the arts commission with cash to spare, right?

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