May 2026 was a good overall month for the state of Kansas when it comes to income.
Total tax collections beat the monthly estimate by over 6 percent and May 2025 numbers by 7 percent with a total of almost $704 million in the bank.
Individual income tax collections were close to $368 million, up almost 17 percent from estimates and from May 2025. Combined retail sales and compensating use tax receipts, almost $291 million, were up marginally from estimates but up over 3 percent from last year.
Corporate income tax collections at $16.2 million missed estimates by 35 percent and were short of last year by over 44 percent. Governor Laura Kelly says the state “must continue to prioritize fiscal responsibility to ensure Kansas remains fiscally sound.”
