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Kansas Tax Collections Beat Estimates in November

Secretary of Revenue Nick Jordan explains the new numbers at a meeting in Topeka. (Photo by Stephen Koranda)

Kansas tax collections came in $8 million above estimates in November. Secretary of Revenue Nick Jordan says individual income taxes and retail sales taxes were higher than expected.


“It’s one month. We aren’t going to throw too big a party yet, but it’s one month and it’s a good sign that there’s been some growth this month,” says Jordan.

When including tax revenue, budget transfers and other state income, Kansas topped projections by $15 million last month.
 
While Kansas beat the revenue estimate, this is a new, lower target than has been used for most of 2015. Last month, economists and state officials lowered the projected tax collections for the current fiscal year by $160 million.

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(VERSION TWO)

Kansas tax collections beat projections last month. Taxes were $8 million above estimates and adding in other sources of state revenue brings the November surplus to $15 million. KPR’s Stephen Koranda reports.


(SCRIPT)
Kansas Secretary of Revenue Nick Jordan says individual income taxes and retail sales taxes were two of the bright spots in the month of November.

“We aren’t going to throw too big a party yet, but it’s one month and it’s a good sign that there’s been some growth this month,” says Jordan.

Democratic state Senator Anthony Hensley points out that Kansas beat a new, more modest goal. State officials last month lowered the projected tax collections for the current year by $160 million.

“The bar was set so low that we probably shouldn’t have expected anything but a positive revenue report for this month,” says Hensley.
 

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