News from 102.5 The River

Governor announces latest tax receipts

Governor Laura Kelly announced Kansas July tax receipts. In total, Kansas saw its total tax receipts for July exceed the estimate by $127.6 million with $586.2 million collected. Individual income tax receipts were $300.5 million, or 15.6%, over the $260.0 million estimate. Corporate income tax collections were $36.6 million, or 66.4%, over the estimate. Higher-than-expected corporate tax receipts reflect continued optimism that corporate profits will remain stable in the new fiscal year.

Exit mobile version