KS Tax Revenues Dip Drastically
05/30/2014

TOPEKA, Kan. (AP) - Kansas collected $217 million less in taxes than it expected in May, but officials in Gov. Sam Brownback's administration say it's the result of a temporary problem.

The Department of Revenue release preliminary figures Friday showing the state collected about $389 million in taxes during May, when it expected to collect about $606 million.

Tax collections also fell short in April, and the total two-month shortfall is nearly $310 million. The Associated Press obtained the figures shortly before their official release.

The state expected to collect $5.2 billion in taxes from July through May but took in only $4.9 billion, a difference of 5.9 percent.

Revenue Secretary Nick Jordan said the shortfall results from issues surrounding federal tax policy. He said he doesn't expect future monthly shortfalls.

 

 


© Associated Press

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