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You are at:Home»State News»State tax collections $13M short of expectations in July

State tax collections $13M short of expectations in July

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By KMAN Staff on August 1, 2016 State News

TOPEKA — Kansas is reporting that its tax collections fell nearly $13 million short of expectations in July.

The Department of Revenue reported Monday that the state collected $425 million in taxes last month, compared with the state’s official projection of nearly $438 million. The shortfall was 2.9 percent.

Tax collections have fallen short of expectations for 10 of the past 12 months. Kansas has struggled to balance its budget since Republican legislators slashed personal income taxes in 2012 and 2013 to stimulate the economy.

A shortfall in tax collections in June prompted Brownback’s administration to delay $260 million in state aid payments to public schools. It also diverted money for highway projects and funds within the Department of Corrections to avoid a deficit when the 2016 fiscal year ended June 30.

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