TOPEKA — The half billion dollars in state tax collections during February came in nearly $19 million above bullish estimates revised three months ago to reflect revenue growth.
The Kansas Department of Revenue said the state tabulated $502.5 million in tax revenue last month, which amounted to 3.9% more than anticipated by fiscal analysts. The total was $46 million, or 10.2%, beyond state revenue for February 2021.
Retail sales tax revenue outperformed predictions by $5.2 million or 2.8% for a monthly total of $195.2 million. That was $16 million, or 8.9%, more in retail sales tax revenue than experienced in February 2021.
Gov. Laura Kelly said her administration had taken steps to promote fiscal responsibility and restore the state’s economy. She renewed a request that the Republican-led Legislature approve a bill removing grocery purchases from the state’s 6.5% sales tax.
“I urge the Legislature to work together to send me a clean bill eliminating the state’s tax on food immediately so that we can put this money back into the pockets of Kansas taxpayers,” Kelly said.
Mark Burghart, secretary of the state’s revenue department said, “The positive trend in tax receipts continues with all of the major tax types — individual income tax, corporate income tax, retailer’s sales tax and compensating use tax — performing well.”
In February, corporate income tax collections settled at $23.4 million or $12.4 million more than anticipated. The monthly total on corporate income tax was $15.2 million more than in February 2021.
Retail sales tax revenue outperformed predictions by $5.2 million or 2.8% for a monthly total of $195.2 million. That was $16 million, or 8.9%, more in retail sales tax revenue than experienced in February 2021.
Gov. Laura Kelly, a Democrat seeking re-election in November, said her administration had taken steps to promote fiscal responsibility and restore the state’s economy. She renewed a request that the Republican-led Legislature approve a bill removing grocery purchases from the state’s 6.5% sales tax.
“I urge the Legislature to work together to send me a clean bill eliminating the state’s tax on food immediately so that we can put this money back into the pockets of Kansas taxpayers,” Kelly said.
