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Posted: Monday, 31 March 2014 9:17PM

Sales, Corporate Taxes Boost Kansas Revenues



TOPEKA, Kan.  -  A new report says better-than-expected collections of Kansas sales and corporate income taxes helped swell state revenue by $12.2 million more than anticipated in March.
 
Monday's report from the state Revenue Department also says tax collections through the first eight months of the fiscal year totaled nearly $4 billion, about $130 million more than expected.
 
Corporate taxes in March had been projected at $30 million but totaled $47.7 million instead. Sales tax receipts in the month were $7.9 million more than the $155 million that was anticipated.
 
The state's fiscal year runs from July 1 through June 30.

 

AP News
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Topics : Business_Finance
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Locations : KansasTopeka
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03/31/2014 9:22PM
Sales, Corporate Taxes Boost Kansas Revenues
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