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Tag: Over Estimate

Kansas: October Tax Revenues Hit Double-Digit Points Over Estimate
Politics

Kansas: October Tax Revenues Hit Double-Digit Points Over Estimate

October Total Tax Revenues Hit Double-Digit Percentage Points Over Estimate Topeka, KS (STL.News) The State of Kansas continues to see revenue growth over the same month of the last fiscal year.  October’s total tax receipts were $596.6 million, an 11.7% or $62.6 million increase over the estimate.  That is 7.9%, or $43.6 million, more than October of Fiscal Year 2020. “As the COVID-19 pandemic continues to impact Kansans and threaten our state’s economic uncertainty, Congress must pass an economic relief bill,” Governor Laura Kelly said.  “While the positive revenue trends are encouraging, the future of this revenue growth will be tied to the support we get from Washington and to every Kansas community using the tools we know work to slow the spread of COVID-19.” Individual income tax c...