Liberal, KS

Now: 71 °F

Currently: Fair / Windy

Hi: 71 °F | Lo: 52 °F

Sunday

Hi: 89 °F 

Lo: 47 °F

Monday

Hi: 69 °F 

Lo: 42 °F

Tuesday

Hi: 63 °F 

Lo: 40 °F

Wednesday

Hi: 75 °F 

Lo: 45 °F

Thursday

Hi: 80 °F 

Lo: 47 °F

Revenue Receipts Meet Expectations In November

Joe Denoyer - December 1, 2016 10:45 pm

TOPEKA – November revenue receipts met estimates for the month.

Corporate income tax receipts were $52,000 more than expected and individual income tax receipts were $970,000 more than estimates.

“Retail sales and corporate taxes continue to show negative growth due to agricultural and energy sector weakness. The individual income tax collections for November showed negative growth compared to last year due to the timing of withholding payments. Income tax is showing 3.62 percent growth compared to last year,” said Secretary of Revenue Nick Jordan.

Overall, the state collected $1.4 million more in total tax receipts than estimated.

Total revenue collections totaled $408.8 million for the month or $333,291 more than expected.

The state has collected $2.27 billion for the fiscal year to date.

 

Latest Stories

50 Years of Chunking Chips in Beaver OK

The 50th Annual World Championship Cowchip Throw was held in Beaver Oklahoma, on a warm, windy...

Kansas Law Enforcement Cracks Down on Drugged Drivers

TOPEKA, Kan. — According to a 2016 AAA poll in Kansas, only 63 percent of people...

Broadcast Square audio archives April 15 to 19, 2019

You can listen to archived Broadcast Square audio from the week of April 15 to 19,...