Kansas March Total Tax Collections at $523.4 Million; 1.6% Below Estimate

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TOPEKA – The State of Kansas closed March with total tax collections at $523.4 million; 1.6% or $8.6 million below the estimate. That is 0.3% or $1.4 million more than March of Fiscal Year 2019.

Individual income tax collections were $247.3 million; $4.3 million more than the estimate and 7.1% more than last March. Corporate income tax collections were $18.4 million; $8.6 million below estimate and 24.5% below March FY 2019.

Retail sales tax collections were $179.4 million; $3.4 million more than the estimate. That’s an increase of $2.9 million compared to the same month last fiscal year. Compensating use tax collections were $34.7 million; 8.5% or $2.7 million more than the estimate and 8.7% more than last March.

“We expect the uncertain business and employment landscape to negatively affect withholding and estimated income taxes,” Secretary Mark Burghart said.

“As consumer spending patterns change, retail sales tax and compensating use tax collections could experience a major decline in the months to come.”

“While seeing a slight increase in total tax collection revenues compared to last fiscal year, we must continue to be cautious as we evaluate the financial impact of COVID-19,” Governor Laura Kelly said.

“Later this month, we should see a clearer picture moving forward as the Consensus Revenue Estimating group evaluates fall projections.”

The Consensus Revenue Estimating Group, comprised of the Department of Revenue, Division of Budget, Legislative Research Department, and economists from the University of Kansas, Kansas State University, and Wichita State University, will meet on April 20. The group will review the fall estimate and make any revisions it may consider necessary.

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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.