Kansas Taxes $28 Million Better Than Expected In September

By: Associated Press Email
By: Associated Press Email

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Friday, September 28, 2012

The Kansas Department of Revenue says the state's tax collections in September topped expectations by $28 million.

State officials released the figures Friday, calling the unanticipated bulge in revenues a positive signal about the Kansas economy.

A revenue forecast issued earlier this year predicted that the state would receive $582 million in taxes in September. The Revenue Department says the state actually collected nearly $611 million, a difference of almost 5 percent.

The surplus in September was more than enough to wipe out a shortfall in August. For the fiscal year beginning July 1, the state is now running $16 million ahead on tax collections totaling $1.5 billion.

Revenue Secretary Nick Jordan noted that the state has reported employment growth this year.

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