Month: January 2022
December tax collections in Kansas show growth
Total tax collections for December in Kansas were $890.3 million, a 7.8 percent increase over the monthly estimate, according to Gov. Laura Kelly.
It is also a 15.6 percent, or $120 million, growth over December 2020.
“Over the past three years my administration has taken steps to restore the Kansas economy, and that fiscal responsibility has paved the way to provide direct tax relief to Kansas taxpayers,” Gov. Kelly said. “That relief will come specifically through proposals like axing the food tax and offering a one-time $250 tax rebate for Kansas families.”
Individual income tax collections were $355.2 million. That is $35.2 million more than the estimate and $48.5 million, or 15.8%, more than the previous December.
Corporate income tax collections were $132.0 million, which is $22.0 million more than the estimate. That is 33.1%, or $32.8 million, more than the same month of the previous year.
Retail sales tax collections were $224.3 million for December. That is $4.3 million, or 2.0%, more than the estimate and 11.1%, or $22.4 million, more than December 2020.
Compensating use tax collections were $69.2 million. That is $2.2 million, or 3.3%, more than the estimate. Those collections are also $17.0 million, or 32.7%, more than the previous December.
According to figures from the Kansas Department of Revenue, retail sales tax revenue distributions in Wyandotte County for December 2021 were $2.77 million, a 21.9 percent increase from December 2020’s figure of $2.27 million.
For the calendar year 2021, retail sales tax revenue distributions increased 15 percent in Wyandotte County, from $25.59 million in 2020 to $29.42 million in 2021, according to KDOR figures.
Sales tax revenue distributions for Kansas City, Kansas, were $4.2 million for December 2021 as compared to $3.38 million in December 2020, according to KDOR figures, a 26.3 percent increase. For the calendar year of 2021, sales tax revenue distributions in Kansas City, Kansas, were $42.1 million, an increase of 11.8 percent over $37.6 million in 2020.
Statewide tax collection figures are at https://governor.kansas.gov/wp-content/uploads/2022/01/06_December_Revenue_FY2022_01-03-2022_Final.pdf.
Slight warmup in today’s forecast
Temperatures will rise to a high of 47 today before a cold front moves in this evening, according to the National Weather Service.
The strong southerly winds of the morning will change to the northwest overnight, gusting to 32 mph, the weather service said.
On Wednesday night, the wind chill will drop to minus 4 to 1 degrees, according to the weather service. Snow is likely after midnight, with 1 to 2 inches accumulation.
Cold temperatures with dangerous wind chills will remain through Friday morning, the weather service said.
The low on Thursday night will be around 3, and Friday’s high will be around 29, according to the weather service. Saturday will be warmer, with a high near 48.
Today, it will be mostly sunny, with a high near 47 and a south wind of 15 to 18 mph, gusting as high as 36 mph, the weather service said.
Tonight, it will be mostly clear, with a low of 18, according to the weather service. A southwest wind of 13 to 16 mph will become northwest in the evening, with winds gusting up to 32 mph.
Wednesday, there will be increasing clouds, with a high near 25, the weather service said. A northwest wind of 8 to 13 mph will gust as high as 28 mph.
Wednesday night, there is a 60 percent chance of snow, mainly after midnight, according to the weather service. The low will be around 6 with wind chill values between minus 4 and 1. A north wind of 8 to 10 mph will gust as high as 18 mph. New snow accumulation of 1 to 2 inches is possible.
Thursday, there is a 20 percent chance of snow before noon, with a high near 12, the weather service said. A north northwest wind of 7 to 13 mph will gust as high as 20 mph.
Thursday night, it will be mostly cloudy, with a low of 3, according to the weather service.
Friday, it will be mostly sunny, with a high near 29, the weather service said.
Friday night, it will be partly cloudy, with a low of 22, according to the weather service.
Saturday, it will be partly sunny, with a high near 48, the weather service said.
Saturday night, it will be mostly cloudy, with a low of 23, according to the weather service.
Sunday, it will be sunny, with a high near 33, the weather service said.
Sunday night, it will be mostly clear, with a low of 15, according to the weather service.
Monday, it will be sunny, with a high near 37, the weather service said.