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Tuesday, April 20, 2021

Kansas’ December Total Tax Collections Up $13.6 Million Compared to Last Fiscal Year

TOPEKA – Kansas’ December total tax collections continues the state’s trend of outperforming the estimate. Total tax collections were up $64.5 million, or 9.1%, for the month with $770.2 million collected. That is a $13.6 million, or 1.8%, increase from December of Fiscal Year 2020.

“While it appears that receipts are relatively stable, we must continue to be prudent and exercise caution as we move forward,” Governor Laura Kelly said. “Additionally, we are still determining the full impact that the recent federal COVID-19 relief package will have on state receipts.”

For December, retail sales tax collections were $201.9 million; a $6.9 million, or 3.6%, increase from the estimate. That is 0.5%, or $995,601, more than the same month of last fiscal year. Compensating use tax collections grew 34.4%, or $13.4 million, over last December with the collection of $52.1 million. That’s $7.1 million, or 15.9%, more than estimated.

“With the 2020 tax filing season starting this month, we will get a clearer picture of the economic implications the COVID-19 pandemic has presented over the last ten months and how to address those issues,” Revenue Secretary Mark Burghart said.

Individual income tax collections were $306.7 million; an increase of 2.2%, or $6.7 million, above the estimate. These collections were $9.5 million, or 3.0%, less than the same month of last fiscal year. Corporate income tax collections were $99.2 million for the month; $39.2 million, or 65.4%, more than estimated. That is $8.5 million, or 9.4%, more than last December.

Please find the revenue numbers here.

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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