Liberal, KS

Now: 59 °F

Currently: Fair

Hi: 63 °F | Lo: 31 °F

Thursday

Hi: 48 °F 

Lo: 21 °F

Friday

Hi: 55 °F 

Lo: 26 °F

Saturday

Hi: 59 °F 

Lo: 26 °F

Sunday

Hi: 43 °F 

Lo: 23 °F

Monday

Hi: 55 °F 

Lo: 26 °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

Oklahoma Senate District 27 Final Primary Results

Oklahoma Senate District 27 Final Primary Results By county breakdown: Murdock won Beaver County with 54.22...

Liberal City Commission Meets, Approves Housing and Economic Programs

The Liberal City Commission met Tuesday evening and after recognizing several employees with their 10 and...

Chamber of Commerce Calendar of Distinction Unveiled

The Liberal Chamber of Commerce unveiled its annual Men and Women of Distinction Calendar Tuesday  evening...