Kansas December revenues tops estimates by $6 million
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January 5, 2017
TOPEKA, Kan. (AP) — Kansas revenue officials say the state slightly exceeded revenue estimates in December.
The Kansas Department of Revenue said Tuesday tax collections in December were nearly $531 million, exceeding revenue estimates by about $6 million, or about 1 percent. Combined with higher than expected revenues in November, the state's budget shortfall in the current fiscal year is now about $342 million.
The new numbers come after state officials drastically reduced the revenue forecasts in November.
The biggest gains in December were in individual income taxes, which came in $2.2 mil...
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