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Kansas Tax Collections $11M Short of Expectations in October

TOPEKA, Kan. (AP) — Kansas collected nearly $11 million less in taxes than anticipated in October, and the shortfall worsens the state's budget picture. The state Department of Revenue reported that Kansas collected $446 million in taxes last month. The state's official fiscal forecast had predicted $457 million in taxes, and the shortfall for the month was 2.4 percent. Disappointing sales, corporate income and oil and gas tax revenues were largely to blame. The shortfall in tax collections came only days before state officials and university economists planned to meet to issue new and more pessimistic revenue projections. Since the current fiscal year began in July, tax collections have fallen more than $78 million short of expectations, at $1.8 billion. The shortfall for the four months is about 4.1 percent.



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