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(MSC News)--Total Kansas tax collections for July 2023 were $681.0 million. That is $13.9 million, or 2.1%, more than the estimate. Total tax collections are up $94.7 million, or 16.2%, from July 2022.
Announcement of what Governor Laura Kelly calls “strong financial footing” came in a release from her office, which shows that individual income Kansas tax collections were $313.7 million. That is $3.7 million, or 1.2%, more than the estimate, and a $13.2 million, or 4.4%, growth from July 2022. Corporate income tax collections were $44.7 million. That's $4.7 million, or 11.9%, more than the estimate and up 22.2% from July 2022.
Combined retail sales and compensating use tax receipts were $315.3 million, which is $12.3 million, or 4.1%, more than the estimate and up 38.8% from July 2022.
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