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(MSC News)--Kansas tax collections for August exceeded expectations. That word comes in a release from Kansas Governor Laura Kelly, which says the total tax collections for the past month were $656.6 million. That's $22.8 million more than the estimate, while total tax collections are up 4% from August of last year.
Individual income tax collections, meanwhile, were $329.4 million, which is $19.4 million more than the estimate and up 10.1% from August 2023. Corporate income tax collections were $20.2 million, which is $9.8 million less than the estimate and down 19.7% from August 2023.
Combined retail sales and compensating use tax receipts were $294.6 million, which is $12.6 million more than the estimate and up $2.2 million from August 2023.
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