(MSC News)--The State of Kansas ends January 2025 with total tax collections at $942.8 million. That is $15.9 million, or 1.7%, above the estimate. Total tax collections are up 1.5% from January 2024.
“While current revenues are in line with the estimates, it is important that we continue to focus on fiscal responsibility to ensure long term financial health in Kansas,” Governor Laura Kelly said.
Individual income tax collections were $500.1 million, $25.1 million or 5.3% above the estimate, and up 5.1% from January 2024. Corporate income tax collections were $73.0 million, $20.0 million or 21.5% below the estimate, and down 18.7% from January 2024.
“But for a tax system deployment on Friday, January 31, which delayed that day- individual income tax refunds to today, total taxes collected would have been extremely close to the forecasted amount for the month of January,” said Secretary of Revenue Mark Burghart.
Combined retail sales and compensating use tax receipts were $348.8 million, $11.8 million or 3.5% above the estimate, and up $4.5 million or 1.3% from January 2024.
© Many Signals Communications
MOST VIEWED STORIES
Box truck pursuit, stolen pickup, land two in custody
Pair arrested on meth charges after Jackson Co traffic stop
Woman struck, killed by train in St. Mary's
Three area communities awarded grants
Former Atchison officer rises through Arizona ranks
Time to file for homestead exemptions in Nebraska
Doniphan West voters reject bond issue
Train kills one in Jackson Co crash
KS flags to fly half staff as Kelly, KS delegation, mourn crash
Wood stove flu pipe blamed for Atchison fire
Atchison Co Lake closed for flooding
Hiawatha City Commission holds special meeting
Potential threat reported to Rock Port High School
Humboldt nursing home receives more than $600,000 in funds
Atchison house fire battled Monday
Challenge coins offered in remembrance of fallen deputy
Nemaha Co administrator's contract extended
JCCF awarded grant to hire executive director
LATEST STORIES
Pawnee County Commissioners meet
Falls City Council approves agreement with Citroniq
New semi trucks coming to Jefferson County
Train kills one in Jackson Co crash
Falls City church being offered to city as donation
Missing Pawnee City woman found safe
Doniphan West Superintendent to retire