TOPEKA, Kan. (AP) — Kansas collected $30 million less in taxes than anticipated in August, but officials said larger-than-expected income tax refunds were largely the reason.
The State Department of Revenue reported Tuesday that tax collections were about $418 million last month, compared with the official projection of $448 million. The shortfall was 6.8 percent.
Budget director Shawn Sullivan noted during a news conference that the shortfall was offset by budget adjustments he announced last month. When those adjustments are considered, the state’s total revenue shortfall was roughly $6 million.
Department of Revenue officials said the state paid out $22 million more than expected in income tax refunds.
The figure included nearly $14 million to a company receiving a corporate income tax credit for investing in its Kansas facilities. Officials declined to name it.
© Associated Press
MOST VIEWED STORIES
Atchison apt fire claim's toddler's life, injures others
Four arrested for illegal activity on Kickapoo Reservation
Two search warrants, two Horton homes, two arrests
Document forgery alleged in ATCO's Walnut Township
Two Brown Co officers honored for their bravery
Whiting woman pleads to theft of fire dept. funds
Wetmore man arrested on child sex-related charge
One injured in Nemaha Co wreck
Flags across KS to fly half-staff Sunday
Walnut Township Treasurer removed; votes unofficial until canvass
Winning lottery ticket sold in Falls City about to expire
Two men arrested in Jackson Co for distribute of meth
Tornado damage surveyed in NE KS
TX man to stand trial on charges in fatal Jackson Co crash
Local judge files for re-election
Atchison in running for national fireworks honors
Trail rides ending at Indian Cave State Park
LATEST STORIES
Chiefs' Butker named Keynote Speaker for BC Commencement
Two stop legislative coffee talks set for Saturday
BC's Pate remembered by students, college family
Falls City Council approves permit for goats in city limits
Grant awarded to Falls City Library and Arts Center
Nebraska City man to serve on Peru State College Foundation Board
Fairfax man injured in tractor accident in Atchison County MO
Doniphan Co Commission approves zoning change