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Kansas Sales Tax Collections Not Experiencing Expected Bump

Kansas motorists have been paying less at the gas pump. State economists expected them to spend the extra money elsewhere, but so far that hasn't happened - at least not as much as officials had predicted. Chris Courtwright, with the Kansas Legislative Research Department, told lawmakers that with lower oil prices, the state had expected to see a jump in sales tax revenue.

“There are growing indications that people are saving more and are not, for whatever reason at this moment, have not gone on a spending spree with that extra money in their pockets,” says Courtwright.
The state has now lowered its estimate for sales tax collections by $30 million for both the current and the coming fiscal years. 

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