State tax collections up in September

Total tax collections in Kansas for September were $43.2 million ahead of estimates, according to figures released this week by the Kansas Department of Revenue.

The collections also were $48.2 million ahead of September in the past fiscal year.

Retail sales tax collections were slightly more than what was expected at $200.5 million, which was 1.3 percent more or $2.5 million over the estimate, according to the KDOR report. They also were higher than the same month in the last fiscal year.

Compensating use tax collections were up 5.5 percent more than the estimate, according to the report.

Individual and corporate income tax collections also were reported above the estimates. Individual income tax collections were $375.1 million, which was $20.1 million or 5.7 percent more than estimated, while corporate income tax collections were 23.7 percent or $19 million more than the $80 million estimated.

KDOR officials stated that the increase in revenue was largely due to the increase in individual and corporate tax collections.

“This is a positive sign as we slowly recover from the Brownback-Colyer tax experiment. However, with economic uncertainty ahead in a possible recession, we must remain cautious and continue to show fiscal restraint,” Gov. Laura Kelly said in a news release.