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Friday, April 23, 2021

Kansas Tops Revenue Projections For December

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 million, or nearly 5 percent, above the official estimates. They were nearly 7 percent higher than in December 2015.

Acting Revenue Secretary Sam Williams says he hopes the new numbers indicate improved purchasing power in the agriculture and oil and gas sectors.

 

Derek Nesterhttps://sunflowerstateradio.com
Derek Nester was born and raised in Blue Rapids and graduated from Valley Heights High School in 2000. He attended Cowley College in Arkansas City and Johnson County Community College in Overland Park studying Journalism & Media Communications. In 2002 Derek joined Taylor Communications, Inc. in Salina, Kansas working in digital media for 550 AM KFRM and 100.9 FM KCLY. Following that stop, he joined Dierking Communications, Inc. stations KNDY AM & FM as a board operator and fill-in sports play-by-play announcer. Starting in 2005 Derek joined the Kansas City Chiefs Radio Network as a Studio Coordinator at 101 The Fox in Kansas City, a role he would serve for 15 years culminating in the Super Bowl LIV Championship game broadcast. In 2021 he moved to Audacy, formerly known as Entercom Communications, Inc. and 106.5 The Wolf and 610 Sports Radio, the new flagship stations of the Kansas City Chiefs Radio Network, the largest radio network in the NFL. Through all of this, Derek continues to serve as the Digital Media Director for Sunflower State Radio, the digital and social media operations of Dierking Communications, Inc. and the 6 radio stations it owns and operates across Kansas.

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