Governor reports tax collection numbers

The State of Kansas ends February 2025 with total tax collections at $548.2 million. That is $121.9 million, or 28.6%, above the estimate. Total tax collections are up 5.1% from February 2024. Individual income tax collections were $239.4 million. That is $149.4 million, or 166.0% above the estimate, and up 37.9% from February 2024. Corporate income tax collections were $16.3 million. That is $3.7 million, or 18.7% below the estimate, and down 22.8% from February 2024.