January total tax collections in Kansas have exceeded estimates, according to a news release from Gov. Laura Kelly.
Total tax collections were $944.5 million in January, which was 14.5 percent more than the month estimate, according to the governor’s office. It was an 18.7 percent growth over January 2021.
“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 in the news release. “That relief will come specifically through proposals like axing the state’s sales tax on food. I urge the Legislature to send a clean bill to my desk quickly, so we can get this done for Kansas families.”
Individual income tax collections were $542.2 million. That is $82.2 million, or 17.9%, more than the estimate and 18.4% more than the previous January. Wage withholding remains strong going into 2022 reflecting both improved statewide employment and accompanying wage growth.
Retail sales tax collections were $258.2 million for January. This is $18.2 million, or 7.6%, more than the estimate and 14.9% more than January 2021. Compensating use tax collections also exceeded estimates by 5.2%. Those collections are also 30.2% more than the previous January. Both retailer’s sales tax and compensating use tax collections established new monthly collection records in January 2022.
“Individual income tax, corporate income tax, retailer’s sales tax, and compensating use tax all continue to perform well as the state’s primary revenue sources,” Secretary of Revenue Mark Burghart said. “Increased holiday spending in December accounts in large part for the record sales and compensating use tax collections in January.”
According to sales tax distribution figures on the Kansas Department of Revenue’s website, Wyandotte County had $2.45 million in January 2022 sales tax distributions compared to $2.2 million in January 2021, an 11 percent increase.
Kansas City, Kansas, had sales tax distribution figures of $3.26 million in January 2022 compared to $3.6 million in January 2021, for an 11.5 percent increase.
For sales tax reports, see https://www.ksrevenue.gov/prsalesreports.html.
- Information from Gov. Laura Kelly’s office