State revenues again beat expectations Featured

State revenues again beat expectations KVOE News file photo

Kansas tax receipts continue well ahead of expectations.

Governor Laura Kelly says the April tax receipts were over $90 million above estimates, or over 10 percent ahead of projections. The April total is also over $400 million or 70 percent ahead of April 2020, in large part to businesses opening up this year as the COVID-19 pandemic continues.

Individual income taxes, corporate income taxes, retail sales and compensating use taxes were all ahead of projections for the month. Individual sales taxes beat estimates by 5.8 percent, corporate income by 24 percent, retail sales taxes by 9.5 percent and compensating use taxes by 29 percent.

Governor Kelly says the numbers are encouraging, but fiscally responsible policies are needed to ensure ongoing growth with COVID-19 still in the picture.

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