Friday, November 30, 2012
Officials with the Kansas Department of Revenue said the state collected $2.6 million more in taxes than expected in November.
The state collected about $441 million in taxes this month, when a fiscal forecast predicted it would take in less than $439 million.
The difference is less than 1%, but Revenue Secretary Nick Jordan said the numbers contain solid signs that the state's economy is improving.
Retailers in Wichita have seen consumer confidence on the rise.
"It's definitely up this year. I think people are very relieved to have the election over for one thing and I think we just have one way to go from here," said Nancy Robinson, owner of Best of Times.
Consumers are also buying big ticket items. Car sales at Davis-Moore are up about 25-30% from last year.
"2008-2009, when the stock market crashed and everybody was nervous, the last thing anybody wanted to think about doing was buying a car," said Dawson Grimsley, owner of Davis-Moore. "Now, that's all behind us."
A spokesperson for the Kansas Department of Revenue said sales tax revenue in Sedgwick County from January to November was up $4 million. The totals were approximately $75 million in 2012 and $71 million in 2011.
In addition, the county government's share of sales tax revenue from January to November was up $1.02 million. The totals were $21.58 million in 2012 and $20.56 million in 2011.
Designed by Gray Digital Media