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KS Tax Revenues Grow More Than Anticipated

While Kansas may still have a high unemployment rate, there is some positive news about the state’s economy. Tax revenues are growing at a rate faster than state officials had expected. That’s what Legislative Research Director Alan Conroy told a group of lawmakers today (MON). The state is three months into a new fiscal year, and Conroy says the state general fund is 50 million dollars ahead of expectations.

Most of the growth has been in income and sales tax collections. That means Kansans are earning more and spending more than expected.

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