Kansas collected $11M less in taxes than expected this month

April 1, 2015 2:19 AM

54 0

Kansas collected $11 million less in taxes than expected this month, and top Republican legislators acknowledged Tuesday that they'll be forced to consider larger tax increases than anticipated to balance the state budget.

The Department of Revenue reported tax collections of about $391 million in March, when officials expected $402 million, a shortfall of 2.8 percent. Since the current fiscal year began in July 2014, the state has collected almost $4 billion in taxes — still $48 million, or 1.2 percent, short of expe...

Also read: Nissan plans to appoint CEO Ghosn as Mitsubishi Motors chairman

Read more

To category page