News from 102.5 The River

September tax collections top estimate

Governor Laura Kelly announced that total tax collections for September 2023 were $991.6 million. That is $42.0 million, or 4.4%, more than the estimate. Total tax collections are up $30.6 million, or 3.2%, from September 2022. Individual income tax collections were $390.9 million. That is $24.1 million, or 5.8%, below the estimate and down 11.4% from September 2022. Corporate income tax collections were $261.5 million. That is $61.5 million, or 30.8%, more than the estimate and up 53.7% from September 2022.

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