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Kansas Tax Collections Fall Short Of Expectations
12/01/2010
 

Kansas saw its tax collections fall short of

expectations in November, but not by much.

The Department of Revenue issued preliminary figures Tuesday

showing that the state collected $384 million in taxes during the

month. That's $783,000 less than forecast, but the difference is

just two-tenths of 1 percent.

It was the first report since state officials and university

economists issued a new financial forecast on Nov. 2, and a

significant shortfall in tax collections would complicate budgeting

for Gov.-elect Sam Brownback and legislators.

The state has collected $2.15 billion in taxes since the current

fiscal year began July 1, again only $783,000 short of

expectations.

In November, individual income tax collections were slightly

higher than forecast, and retail sales tax collections were

slightly lower than expected.

© Copyright KSCB News
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