TOPEKA, Kan. (AP) — A new report says Kansas collected $4 million less in taxes than expected in August.
The Department of Revenue said Friday the state took in $421 million in taxes, about 1 percent below the official forecast of $425 million.
The department called revenues flat but said there are signs of economic growth in the figures. Corporate income tax collections exceeded expectations for the month.
The state saw a slight surplus in tax collections in July. Since the current fiscal year began July 1, the state has collected about $829 million in revenues, against projections of nearly $832 million. The difference is about $2.4 million, or 0.3 percent.
The numbers are likely to renew a political debate over massive income tax cuts enacted at Republican Gov. Sam Brownback's urging.
Kansas officials are awaiting word on whether the state's tax collections in August met expectations.
The state Department of Revenue's report Friday afternoon was expected to renew a political debate over massive income tax cuts enacted at Republican Gov. Sam Brownback's urging. Brownback says the tax cuts are stimulating economic growth, but critics contend the reductions are wrecking the state's finances.
The Legislature's nonpartisan research staff is projecting that the state will face a $238 million budget shortfall by July 2016, even if tax collections meet the state's official projections between now and then.
Kansas collected about $4 million more in taxes in July than anticipated, but tax collections in April, May and June fell a total of $334 million short of expectations.