Kansas year-end tax receipts exceed expectations by $318M
July 4, 2018
TOPEKA, Kan. (AP) — Kansas state officials say fiscal year-end tax receipts came in $318 million above projections.
The Kansas Department of Revenue on Monday released a revenue report showing that fiscal year-end tax receipts were $1.2 billion above the previous fiscal year. The overall increase was not surprising since state lawmakers reversed past income tax cuts to deal with persistent budget woes.
But Department of Revenue Secretary Sam Williams says that tax receipts were above expectations for every month during the fiscal year that ended June 30. The agency says receipts were espe...
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