Liberal, KS

Now: 77 °F

Currently: Fair

Hi: 77 °F | Lo: 69 °F

Monday

Hi: 96 °F 

Lo: 70 °F

Tuesday

Hi: 92 °F 

Lo: 65 °F

Wednesday

Hi: 84 °F 

Lo: 61 °F

Thursday

Hi: 85 °F 

Lo: 60 °F

Friday

Hi: 92 °F 

Lo: 66 °F

April Filing Deadline Payments Boost May Receipts

Joe Denoyer - June 1, 2018 11:48 am

TOPEKA—May tax receipts bring collections so far in FY 2018 to $6.3 billion, which is $1.1 billion more than collected last year and $174 million more than expected fiscal year-to-date, according to the latest revenue report released Friday.

Individual income collections, which includes individual payments and withholding, amounted to $271.1 million, which is $113.2 million above last May. Some income tax payments made at the April filing deadline were processed by the Department at the beginning of the month, which significantly pushed May receipts above newly revised expectations.

“With one month left, there is a strong indication that collections will be above expectations for the Fiscal Year,” Revenue Secretary Sam Williams said. “With the inundation of payments submitted right at the deadline, much of the May bump can be attributed to April filings.”

May’s tax collections total $555.4 million, which is $114.1 million above last May and $107.9 million above newly revised expectations.

 

Latest Stories

Red Eyed Black Bird Spotted In Seward County

  By Juno Ogle Hays Daily News www.hdnews.net LIBERAL — A red-eyed blackbird soon will join...

Voters in Texas County to Decide Serving Liquor on Sunday

(GDH)  Following efforts from local restauranteurs, Texas County voters have a decision to make. Should we...

Open Cockpit Day at the MAAM

The public is invited to come  out this Saturday to the Mid America Air Museum for...