News from 102.5 The River

Tax collections fall below estimate

The State of Kansas ends February 2024 with total tax collections at $521.4 million. That is $33.1 million, or 6.0%, below the estimate. Total tax collections are down 5.2% from February 2023. Individual income tax collections were $173.6 million. That is $46.4 million, or 21.1%, below the estimate, and down 17.9% from February 2023. Corporate income tax collections were $21.1 million. That is $5.1 million, or 31.6%, above the estimate and up 37.5% from February 2023.

Exit mobile version