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*For Immediate Release:    *     
August 1, 2023
          
*Contact:    *     
Cassie Nichols
[email protected]

Governor Kelly Announces July Total Tax Receipts $13.9M More than Estimate

*TOPEKA* – Governor Laura Kelly announced today that total tax collections for July 2023 were $681.0 million. That is $13.9 million, or 2.1%, more than the estimate. Total tax collections are up $94.7 million, or 16.2%, from July 2022.  

“We are starting this fiscal year on strong financial footing, thanks to my administration’s laser-sharp focus on attracting businesses and growing the state’s economy,” *Governor Laura Kelly said.* “The numbers are clear: we must put money back in the hands of working Kansans through responsible tax cuts.” 

Individual income tax collections were $313.7 million. That is $3.7 million, or 1.2%, more than the estimate, and a $13.2 million, or 4.4%, growth from July 2022. Corporate income tax collections were $44.7 million. That’s $4.7 million, or 11.9%, more than the estimate and up 22.2% from July 2022.  

“It is important to note that wage withholding, the largest component of the $313.7 million in individual income tax receipts, is 13.4% more than in July 2022. Kansas wage income continues to be strong as the state moves into Fiscal Year 2024,” *said Secretary of Revenue Mark Burghart.* 

Combined retail sales and compensating use tax receipts were $315.3 million, which is $12.3 million, or 4.1%, more than the estimate and up 38.8% from July 2022. 

Click here [ [link removed] ] to view the July 2023 revenue numbers. 

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