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Kansas Prepares to Release Latest Report on Monthly Tax Collections

$100 bills (Photo by J. Schafer)

TOPEKA, Kan. (AP) — Kansas is preparing to release the latest report on on monthly tax collections. Some observers predict October's tax receipts will again fall short of expectations. The state Department of Revenue's report later today (TUE) comes one week before the election with Republican Governor Sam Brownback's allies facing a political backlash over the state's budget problems. Tax collections have fallen short of expectations 10 of the past 12 months. From July through September, they were nearly $68 million below the state's official projections for a 4.7 percent shortfall. Kansas has struggled to balance its budget since Republican legislators slashed personal income taxes at Brownback's urging in 2012 and 2013 in an effort to stimulate the economy. Tax collections fell short of expectations 32 of the 45 months since the first Brownback tax cuts took effect in January 2013 through September 2016.

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