Liberal, KS

Now: 73 °F

Currently: Fair

Hi: 93 °F | Lo: 68 °F

Monday

Hi: 88 °F 

Lo: 60 °F

Tuesday

Hi: 84 °F 

Lo: 58 °F

Wednesday

Hi: 84 °F 

Lo: 64 °F

Thursday

Hi: 94 °F 

Lo: 66 °F

Friday

Hi: 91 °F 

Lo: 61 °F

Kansas Revenue Collections Exceed Estimates

KSCB News - July 31, 2013 3:53 pm

Kansas officials say revenue collections beat estimates by $3.1 million in the first month of the new fiscal year.

A report Wednesday from the Department of Revenue says July’s figures were boosted by strong sales tax collections, which were $9.1 million higher than expected. Overall revenues for the month totaled $425.4 million.

Among other categories, individual income tax collections in July topped expectations by $3.4 million. But corporate income taxes came in $1 million below the figure predicted earlier by economists and researchers.

Severance taxes on production from Kansas oil wells also missed the estimate, by nearly $1.2 million.

 

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