Kansas Tax Collections Fall Short In December
KSCB News - December 31, 2010 8:09 am
A new report says Kansas collected $22 million less in taxes than expected in December.
The shortfall is likely to complicate efforts by Gov.-elect Sam Brownback and the Legislature to keep the state’s budget in balance.
Thursday’s report from the Department of Revenue says December revenues totaled $489 million, about 4 percent lower than the $511 million predicted earlier.
The state’s tax collections had been close to matching projections for the first 11 months of the current fiscal year, which began July 1. The December figure puts the state nearly $23 million short for the entire fiscal year, with about $2.6 billion in