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Kansas Continues to Rake in Cash

The state of Kansas is pulling in lots of cash – even more than expected.

In total, Kansas’ State General Fund saw its total tax receipts for July perform 11% better than the estimate, with $602.6 million collected.

Individual income tax receipts were 8.9%, more than the estimate, with $255.8 million collected.

Corporate income tax collections were $34.2 million.

That is $19.2 million more than the estimate.

Retail sales tax collections were up $11.6 million for the month, with $233.6 million collected.

Compensating use tax collections were 7.8% more than the estimate, with $59.3 million collected.

That is 17.8% more than last July.

Combined sales and use tax receipts at $292.9 million were 8.9% above July 2020, and 20.3% above pre-pandemic July 2019.


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