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Kansas collected $77 million more in taxes in May than anticipated

Kansas reports it collected $77 million more in taxes than expected in May.

The state Department of Revenue said Monday that Kansas collected $563 million in taxes last month when it anticipated $486 million.  The surplus was 15.9%.

Tax collections for the budget year that began in July 2018 were nearly $6.7 billion, or $158 million more than anticipated, for a 2.4% surplus.  And that’s after officials issued a more optimistic fiscal forecast in mid-April.

Kansas’ tax collections have exceeded expectations 23 of the past 24 months since legislators in 2017 repealed past income tax cuts championed by then-Governor Sam Brownback.

Goveror Laura Kelly has vetoed two tax relief plans from GOP lawmakers since taking office in January, saying the measures would undermine the state’s finances.

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