Kansas Collects $165M More In Taxes Than Expected In January
Kansas is reporting that it collected $165 million more in taxes than expected in January, and its top tax official sees the surplus resulting from changes in federal tax laws.
Revenue Secretary Sam Williams said Thursday that federal tax changes enacted late last year encouraged people to pay state and local tax bills before 2017 ended.
The Department of Revenue reported that Kansas took in nearly $747 million in taxes last month. The state had expected tax collections of $582 million.
The monthly surplus is more than 28 percent.
It was the eighth consecutive month tax collections have exceeded expectations. Since the current fiscal year began July 1, the state has collected $3.9 billion in taxes. That is $249 million more than anticipated and a surplus of 6.7 percent.