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*For Immediate Release:    *     
July 2, 2024
          
*Contact:    *     
Grace Hoge
[email protected]

*Governor Kelly Announces June Total Tax Collections at 2.4% Above the Estimate

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*TOPEKA* – Governor Laura Kelly announced today that June's total tax collections were $1.03 billion. That is $24.1 million, or 2.4%, more than the estimate. Total tax collections are up 3.9% from June 2023.

“While the tax revenue collected for June is encouraging, we must remain committed to fiscal responsibility,” *Governor Laura Kelly said*. “By continuing our work to put our state on solid fiscal ground, we can ensure Kansans have the services and quality of life they deserve.”

Individual income tax collections were $452.4 million. That is $82.4 million, or 22.3% more than the estimate, and up 19.4% from June 2023. Corporate income tax collections were $193.1 million. That is $53.9 million, or 21.8% less than the estimate, and down 14.6% from June 2023.

“Individual income tax receipts exceeded the June estimate because of higher-than-expected withholding tax and individual estimated payments and the fact that fewer refunds were paid than in June 2023,” *said* *Secretary of Revenue Mark Burghart*. “Withholding tax receipts are 17.0% greater than in June 2023, and that source continues to be the State’s most reliable revenue stream.”

Combined retail sales and compensating use tax receipts were $292.1 million. That is $2.2 million, or 0.7% more than the estimate, but down $11.4 million, or 3.8%, from June 2023.

Click here [ [link removed] ] to view the June 2024 revenue numbers.

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